Baird Maintains Neutral on Illinois Tool Works, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mig Dobre maintains a Neutral rating on Illinois Tool Works (NYSE:ITW) and raises the price target from $240 to $250.
October 31, 2024 | 11:35 am
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Baird analyst Mig Dobre has maintained a Neutral rating on Illinois Tool Works, while increasing the price target from $240 to $250.
The increase in the price target from $240 to $250 suggests a positive outlook on Illinois Tool Works' future performance, which could lead to a slight upward movement in the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance compared to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100