Deutsche Bank Maintains Hold Rating, $67 PT on ITT Corp.

Yesterday afternoon, Deutsche Bank reported that it journeyed to White Plains to visit ITT's ITT headquarters, “where we met with several executives, including Denise Ramos and Gretchen McClain.” “The key takeaway is that the company is tracking to plan on the spin-out and has seen no signs of relative weakness vs. expectations laid out on the 1Q11 conference call,” Deutsche Bank writes. “Reiterate Hold and $67 PT.” ITT closed Monday at $55.26.