Evercore ISI Group Maintains In-Line on Illinois Tool Works, Lowers Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Illinois Tool Works (NYSE:ITW) but has lowered its price target from $251 to $246.
August 19, 2024 | 2:07 pm
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Evercore ISI Group has maintained an 'In-Line' rating for Illinois Tool Works but lowered the price target from $251 to $246, indicating a slightly less optimistic outlook.
The lowering of the price target by Evercore ISI Group suggests a slightly less optimistic view on Illinois Tool Works' future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100