Deutsche Bank analyst Nicole Deblase placed a “catalyst call: sell” on shares of Illinois Tool Works (ITW) as a short-term investment idea. The firm expects continued underperformance of the shares in the upcoming Q4 earnings season, precipitated by an earnings miss and 2025 guidance positioned below the Street. This will be driven by a combination of continued weakness in global auto production and incremental currency headwinds, the analyst tells investors in a research note.
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