UBS Turns Bullish On ITT, Sees Attractive Entry Point
Diversified industrial conglomerate ITT Inc (NYSE:ITT) has been upgraded to Buy from Neutral by UBS analyst Damian Karas. The analyst lowered the price target to $95 (an upside of 31%) from $107. According to the analyst, the stock's 22% decline year-to-date offers an attractive entry point. Karas states that ITT presents a strong management team, balance…
Benzinga ·