Goldman Sachs Initiates ITC Holdings With Sell

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Analysts at Goldman Sachs initiated coverage on

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ITC Holdings Corp.

(NYSE: ITC) with a Sell rating. The target price for ITC Holdings is set to $34. ITC Holdings shares have dropped 1.31% over the past 52 weeks, while the S&P 500 index has gained 14.83% in the same period.ITC Holdings shares fell 0.36% to close at $36.23 on Friday.