Stifel Maintains Hold on Illinois Tool Works, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Hold rating on Illinois Tool Works (NYSE:ITW) but lowers the price target from $268 to $260.
July 31, 2024 | 3:40 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Stifel analyst Nathan Jones maintains a Hold rating on Illinois Tool Works (NYSE:ITW) and lowers the price target from $268 to $260.
The lowered price target from $268 to $260 suggests a less optimistic outlook for Illinois Tool Works, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100