Unveiling 8 Analyst Insights On Illinois Tool Works
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Illinois Tool Works (NYSE:ITW) over the last quarter show a mix of bullish and bearish sentiments. The average 12-month price target has increased to $257.0, reflecting a 2.39% rise from the previous target. Recent analyst actions include both rating downgrades and upgrades, with price targets ranging from $217.00 to $305.00.
June 04, 2024 | 5:01 pm
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Analysts' ratings for Illinois Tool Works (NYSE:ITW) show mixed sentiments, with recent actions including both downgrades and upgrades. The average 12-month price target has increased to $257.0, reflecting a 2.39% rise from the previous target.
The mixed analyst ratings and recent adjustments in price targets indicate a neutral short-term impact on ITW's stock price. The increase in the average price target suggests some positive sentiment, but the presence of downgrades balances this out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100