Truist cuts ITG stock price target to $11 on margin outlook
Truist Securities reduced ITG's price target to $11 from $14, citing margin outlook, while maintaining a Buy rating. ITG's stock trades at $5.30, down 70% from its 52-week high. The company reported Q3 2026 revenue of $461.5M, up 49.3% YoY, and adjusted EBITDA of $64.5M, up 64% YoY, exceeding guidance. ITG raised its fiscal 2026 revenue and EBITDA guidance, expecting contributions from the Full Circle Fiber acquisition.

