TD Cowen analyst Joseph C Giordano maintains $ITT Inc (ITT.US)$ with a buy rating, and maintains the target price at $165.
According to TipRanks data, the analyst has a success rate of 64.3% and a total average return of 10.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $ITT Inc (ITT.US)$'s main analysts recently are as follows:
The firm stated that the company is on track to record its fourth consecutive year of double-digit earnings per share growth, and they anticipate that this trend will continue into 2025.
The third quarter was another period that corroborated the prevailing thesis, with ITT surpassing expectations and significantly outpacing end markets. This performance is attributed to the company's internal levers and deliberate shifts in their portfolio.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
