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Enter Symbol:
Rating: ITC
Buy $45

Itc Holdings Corp. (NYSE: ITC) reiterated to Buy with price target $45 by Wunderlich

Friday,  Jan 8, 2016  8:25 AM ET by Dave Ficere

Wunderlich reiterated Itc Holdings Corp. (NYSE: ITC) to Buy with price
target $45. Previously Wunderlich rated Buy with price target $45 Itc Holdings Corp. (NYSE: ITC) on 10/31/2014, when the stock price was $39.46.

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.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.

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