ITW Reports Second Quarter 2024 Results

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Go back to ITW Reports Second Quarter 2024 Results

Illinois Tool Works (ITW) PT Lowered to $281 at Truist Securities

July 31, 2024 5:24 AM EDT

Truist Securities analyst Jamie Cook lowered the price target on Illinois Tool Works (NYSE: ITW) to $281.00 (from $283.00) while maintaining a Buy rating.

The analyst comments "Thoughts Post Print: ITWs stock closed up 1% after beating Q224 consensus EPS estimates by 2.4% on modest sales miss offset by impressive margin performance. Organic growth declined 0.1% and by region,... More