BofA Raises ITW Price Target as Margins Reach Record Levels

MSN
2025.12.02 13:31
portai
I'm PortAI, I can summarize articles.

BofA analyst Andrew Obin upgraded Illinois Tool Works Inc. (NYSE:ITW) to Neutral from Underperform, raising the price target to $255 from $220, citing strong year-over-year margin expansion expected in 2026.