ITT Corp. (ITT) to Acquire Wolverine Automotive in $300M Deal
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Cowen Remains Bullish on Cowen ITT Corp. (ITT) as the Company Supplements High-Performance Auto Business
September 1, 2015 7:00 AM EDTCowen reiterated an Outperform rating and $52.00 price target on ITT Corp. (NYSE: ITT) as the company makes move to supplement high-performance auto business. The announced $300 MM acquisition of Wolverine is the third deal since the ITT breakup in late 2011 (and 2nd this year)... More
