Truist Securities Maintains Buy on Illinois Tool Works, Lowers Price Target to $281
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Illinois Tool Works (NYSE:ITW) but lowers the price target from $283 to $281.

July 31, 2024 | 2:32 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Illinois Tool Works but lowers the price target from $283 to $281.
The Buy rating suggests continued confidence in the stock, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100