Wells Fargo Maintains Equal-Weight on Illinois Tool Works, Raises Price Target to $240
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Joe O'Dea has maintained an Equal-Weight rating on Illinois Tool Works (NYSE:ITW) and raised the price target from $235 to $240.
July 10, 2023 | 3:45 pm
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Wells Fargo has maintained an Equal-Weight rating on Illinois Tool Works and raised the price target from $235 to $240.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
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