ITT Reports Solid 2015 Third-Quarter Results
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Cowen Updates Its Model Following ITT Corp. (ITT) 3Q Results; Cuts Price Target to $50
November 2, 2015 3:54 PM ESTCowen maintained an Outperform rating on ITT Corp. (NYSE: ITT), and cut the price target to $50.00 (from $52.00), following the release of the company's 3Q earnings.
Analyst Joseph Giordano commented, "Updating model post 3Q15 results. Maintain Outperform rating in a challenging industrial environment.... More
UPDATE: UBS Downgrades ITT Corp. (ITT) to Sell
November 2, 2015 7:08 AM EST(Updated - November 2, 2015 8:07 AM EST)
UBS downgraded ITT Corp. (NYSE: ITT) from Neutral to Sell with a price target of $36.00 (from $41.00).
Analyst Shannon O'Callaghan commented, "Orders in ITT's Industrial Process (IP) segment (46% of sales) are now running at ~$200M or an... More
ITT Corp. (ITT) Tops Q3 EPS by 4c
October 30, 2015 6:57 AM EDTITT Corp. (NYSE: ITT) reported Q3 EPS of $0.63, $0.04 better than the analyst estimate of $0.59. Revenue for the quarter came in at $602 million versus the consensus estimate of $608.56 million.
For earnings history and earnings-related data on ITT Corp. (ITT) click here.
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