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Fly News Breaks for February 5, 2019
ITW
Feb 5, 2019 | 06:16 EDT
As previously reported, BofA/Merrill downgraded Illinois Tool Works to Underperform from Neutral and reduced its price target to $124 from $128. Analyst Ross Gilardi said the Q4 report was not overly inspiring and expects shares to lag as the company struggles with organic growth.
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