Barclays Maintains Underweight on Illinois Tool Works, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Underweight rating on Illinois Tool Works (NYSE:ITW) but raises the price target from $215 to $230.
November 01, 2024 | 5:49 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays analyst Julian Mitchell maintains an Underweight rating on Illinois Tool Works but raises the price target from $215 to $230.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on ITW's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100