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Fly News Breaks for March 15, 2016
ITC
Mar 15, 2016 | 06:26 EDT
Deutsche Bank analyst Jonathan Arnold downgraded ITC Holdings to Hold citing the narrowing of the Fortis deal spread and decreased fundamental value after the FERC directed one of the company's subsidiaries to elect bonus depreciation for 2015. Arnold keeps a $43 price target for the shares.
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