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ITT price target lowered to $163 from $165 at Baird

ITT price target lowered to $163 from $165 at Baird

Baird analyst Michael Halloran lowered the firm’s price target on ITT (ITT) to $163 from $165 and keeps an Outperform rating on the shares. The firm said 3Q was another thesis confirming quarter, where ITT exceeded expectations and meaningfully outperformed end markets across the board on internal levers along with intentional portfolio shifts.

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