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Equities research analysts at Cowen and Company began coverage on shares of ITI (NASDAQ:ITCI) in a research note issued to investors on Wednesday, reports. The firm set an “outperform” rating and a $28.00 price target on the stock. Cowen and Company’s price target indicates a potential upside of 67.97% from the stock’s previous close.

ITI (NASDAQ:ITCI) traded up 0.57% during mid-day trading on Wednesday, hitting $16.765. The stock had a trading volume of 34,763 shares. ITI has a 1-year low of $15.00 and a 1-year high of $20.00. The stock’s 50-day moving average is $17.95 and its 200-day moving average is $17.95. The company’s market cap is $371.1 million.

Separately, analysts at Leerink Swann initiated coverage on shares of ITI in a research note on Monday, December 23rd. They set an “outperform” rating on the stock.

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