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Fly News Breaks for January 25, 2018
ITW
Jan 25, 2018 | 09:14 EDT
Wells Fargo analyst Andrew Casey raised his price target for Illinois Tool Works to $200 from $190 saying its underlying investment case, namely strong total shareholder returns driven by accelerating organic revenue growth, continued margin improvement, and cash distribution to shareholders, has been augmented by the recent U.S. Tax Cut and Jobs Act. The analyst reiterates an Outperform rating on the shares.
News For ITW From the Last 2 Days
