Expert Outlook: Illinois Tool Works Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
Illinois Tool Works (NYSE:ITW) received 12-month price targets from 4 analysts with an average target of $256.5, a high of $277.00, and a low of $238.00. Over the past month, the average price target increased by 6.32%. Analysts' ratings over the last 3 months are mostly indifferent, with one somewhat bullish and no bearish views. Analysts from Stifel, Wells Fargo, Citigroup, and JP Morgan have updated their ratings and price targets, reflecting their perspectives on ITW's market conditions and performance.
December 19, 2023 | 4:00 pm
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POSITIVE IMPACT
Illinois Tool Works received updated ratings and price targets from analysts at Stifel, Wells Fargo, Citigroup, and JP Morgan, with an average 12-month price target of $256.5, indicating a positive sentiment among analysts.
The average price target for ITW has increased by 6.32% over the past month, and the majority of analysts have maintained or raised their price targets, indicating a positive sentiment that could lead to a short-term increase in stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100