ITT Corporation (ITT) has disclosed a new risk, in the Accounting & Financial Operations category.
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ITT Corporation faces significant business risks due to ongoing tariff uncertainties, which have been exacerbated by recent U.S. government actions to impose or extend tariffs on imported goods, including industrial components and raw materials. These measures have led to retaliatory tariffs from countries like China, increasing global trade policy uncertainty and affecting supply chain dynamics. The company has attempted to mitigate these impacts through negotiations, diversification, and pricing strategies, but the effectiveness of these measures remains uncertain. Continued trade disputes and protectionist policies could adversely affect ITT Corporation’s product demand, input costs, and overall financial performance.
The average ITT stock price target is $200.57, implying 2.61% upside potential.
To learn more about ITT Corporation’s risk factors, click here.