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Fly News Breaks for November 7, 2016
ITT
Nov 7, 2016 | 06:44 EDT
KeyBanc analyst Jeffrey Hammond upgraded ITT Inc. to Overweight from Sector Weight saying the valuation is "compelling" following the company's Q3 earnings report. The shares do not reflect the true valuation of ITT's "best-in-class Motion Technologies," Hammond tells investors in a research note. He believes the company's earnings trajectory is "fully de-risked" and set a $40 price target for the stock.
News For ITT From the Last 2 Days
