ITT price target raised to $210 from $190 at BofA

BofA raised the firm’s price target on ITT (ITT) to $210 from $190 and keeps a Buy rating on the shares after having hosted an investor meeting with the company’s CEO and VP of IR. ITT remains confident in growth, with A&D, autos, and O&G having the most visibility, and the company has multiple levers for margin expansion despite the uncertain macro backdrop, the analyst contends after the meetings with management.