investment technology group

J.P. Morgan has published a report on Investment Technology Group (NYSE: ITG) lowering the price target by $.50. In the report, J.P. Morgan wrote, "ITG reported 2Q11 EPS of $0.14, in line with its 7/12 preannouncement. The results were disappointing, reflecting challenging market conditions and a...

Wedbush, which lowered its PT on shares of Investment Technology Group (NYSE: ITG), is providing some color on the stock. “We believe that ITG is well positioned to benefit from a return of cash equity trading volumes to growth,” Wedbush writes. “Nevertheless, we believe volumes are likely to...

KBW is out with its report today on Investment Technology Group (NYSE: ITG), maintaining Market Perform. In a note to clients, KBW writes, "After market close, ITG announced it is launching a cost reduction plan in 3Q11 that should decrease 2012 expenses by over $20 million or ~$0.30 per share....

Keefe, Bruyette & Woods has upgraded Investment Technology Group (NYSE: ITG) from Underperform to Market Perform and has established a $15 price target.

Wedbush is out with its report today on Investment Technology Group (NYSE: ITG), downgrading ITG to Neutral. In a note to clients, Wedbush writes, "We believe that ITG is well positioned to benefit from a return of cash equity trading volumes to growth. Nevertheless, we believe volumes are likely...

Wedbush Securities has downgraded Investment Technology Group (NYSE: ITG) from Outperform to Neutral and has lowered the price target from $20 to $15.

KBW has lowered its PT on shares of Investment Technology Group Inc. (NYSE: ITG) to $15. Investment Technology Group closed Thursday at $15.97.

J.P. Morgan announced a reduction in its 2011 EPS estimate from $1.05 to $1.02 based upon tapering volumes toward the end of the quarter but maintain a Neutral rating on Investment Technology Group (NYSE: ITG). In the report, J.P. Morgan writes, “We had expected March volumes to decline after a...

J.P. Morgan is out with its report today on Investment Technology Group (NYSE: ITG), raising its price target from $14.50 to $15. In a note to clients, J.P. Morgan writes, "ITG reported 4Q10 EPS of $0.04, $0.11 excluding one-time items, and $0.17 excluding severance and contingency reserves....

JP Morgan has raised the price target on Investment Technology Group (NYSE: ITG) from $14.50 to $15 and maintains its Neutral rating.

J.P. Morgan published its research report on Investment Technology Group (NYSE: ITG)after meeting with ITG management and discussing its Majestic acquisition. In its report, J.P. Morgan writes, "ITG management is enthusiastic about the acquisition of Majestic and the implications for revenue,...

Investment Technology Group (NYSE: ITG) reported average daily trading volume for August at a disappointing 155M shares, all due to market volumes, with ITG gaining market share during the month, JP Morgan reports. JP Morgan is lowering estimates for 3Q while remaining Neutral on ITG. New...