CIT Group Up 2% After Positive Mention At Ira Sohn

Shares of CIT Group Inc. CIT are up more than 2% today, after getting a positive mention at the Ira Sohn Conference on Wednesday. Jeff Aronson of Centerbridge Partners said he thinks shares could eventually fetch $65 in a buyout, or if the company were to acquire a retail bank, such as Valley National Bancorp VLY. At last check, shares of CIT were up 96 cents to $43.37, a gain of 2.26% on almost 1 million shares.