A Thursday report published by Deutsche Bank reiterated a Buy rating on ITT Corporation ITT and raised its price target from $27 to $31.
Deutsche Bank said, "Robust 2013 guidance and favorable commentary around revenue and operational opportunities following ITT's 4Q12 earnings reinforce our confidence toward the company's outlook beyond 2013. In turn, we are rolling forward our valuation framework to 2014 and raising our price target to $31. Our EPS estimates for 2013 and 2014 remain unchanged."
ITT closed on Wednesday at $25.79.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in