, Tracking Stock Market Picks
Enter Symbol:
Rating: ITC
Buy $43

Itc Holdings Corp. (NYSE: ITC) upgraded to Buy with price target $43 by Deutsche Bank

Monday,  Dec 14, 2015  2:25 PM ET by Dave Ficere

Deutsche Bank upgraded Itc Holdings Corp. (NYSE: ITC) to Buy with price target $43. Previously Deutsche Bank rated
Hold with price target $38 Itc Holdings Corp. (NYSE: ITC) on 11/03/2014, when the stock price was $39.66. Since then, Itc Holdings Corp.'s stock price has lost 5% as of 12/14/2015's recent price of $37.48.

ITC Holdings Corp. (ITC Holdings) is a holding company whose business consists primarily of the operations of its Regulated Operating Subsidiaries, International Transmission Company (ITCTransmission), Michigan Electric Transmission Company, LLC (METC) and ITC Midwest LLC (ITC Midwest). Through its Regulated Operating Subsidiaries, the Company is engaged in the transmission of electricity in the United States. The Company?s Regulated Operating Subsidiaries? transmission facilities are located in the lower peninsula of Michigan and portions of Iowa, Minnesota, Illinois and Missouri, and have agreements with other utilities for the joint ownership of specific substations and transmission lines. The Company also has other subsidiaries focused primarily on business development activities, and a holding company whose activities include corporate debt and equity financings and general corporate activities.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy