CTS Corporation: Revisiting Our Investment Theses, Maintain Overweight

CTI initiated coverage on CTS Corporation ( CTS ) previously. Revisiting our investment thesis after 3 fiscal years, we continue to maintain Overweight on CTS with a Buy rating of $62.80, implying a c.16% upside as of the date ofWe are a Singapore-based research team that seeks to exploit market inefficiencies and source for undervalued opportunities to generate long-term alpha. Unafraid to disagree with the consensus, we strive to generate investment theses based on attractive valuations across our investm ...