UBS Downgrades ITC Holdings To Neutral

Analysts at UBS downgraded ITC Holdings Corp. ITC from Buy to Neutral. The price target for ITC Holdings has been lowered from $40.00 to $36.00. ITC Holdings shares have dropped 6.18 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. ITC Holdings' shares fell 1.07 percent to $35.00 in after-hours trading.