Barclays lowered the firm’s price target on Illinois Tool Works (ITW) to $237 from $240 and keeps an Equal Weight rating on the shares. The company’s 2025 earnings guidance embeds some tax and currency-related contingency now, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ITW:
- Illinois Tool Works Reports Resilient Q1 2025 Performance
- Illinois Tool Works Earnings Call: Balancing Growth and Challenges
- Illinois Tool Works reports Q1 adjusted EPS $2.44, consensus $2.35
- Illinois Tool Works sees FY25 $10.15-$10.55
- Illinois Tool Works: Navigating Operational Risks with Strategic Resilience and Margin Expansion