Wunderlich Securities Increases PT To $73 But Lowers EPS For ITC Holding (ITC)

In a report published today, Wunderlich Securities upgraded its price target on ITC Holding's ITC shares to $73, even though it reduced its earnings per share estimate for 2011 and 2012 to $3.24 and $3.93 respectively. Wunderlich also reiterated its Hold rating on ITC's shares. ITC's shares gained 0.21% yesterday to close at $71.05.