JP Morgan Maintains Overweight on Illinois Tool Works, Lowers Price Target to $267
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on Illinois Tool Works (NYSE:ITW) but lowers the price target from $275 to $267.
July 25, 2024 | 2:31 pm
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JP Morgan analyst Tami Zakaria maintains an Overweight rating on Illinois Tool Works (NYSE:ITW) but lowers the price target from $275 to $267.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100