ITT stock rises again after earnings jump; KeyBanc lifts target to $230
ITT shares rose 0.9% to $203.82 Friday after a 9% rally Thursday, driven by strong Q4 results and a raised dividend. The company reported a 13% revenue jump to $1.054 billion and set Q1 EPS guidance at $1.67–$1.71. ITT expects to close its SPX Flow acquisition in March and will adjust profit metrics after the deal. KeyBanc raised its price target to $230.