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Citigroup Raises Illinois Tool Works (NYSE:ITW) Price Target to $287.00
Citigroup has increased its price target for Illinois Tool Works (NYSE:ITW) to $287.00, implying a potential upside of 12.3% from its current price. This follows ITW’s Q1 earnings beat and raised FY2026 guidance, despite a mixed-to-negative analyst sentiment with an overall “Reduce” rating. The article also details recent insider transactions and institutional trading activity for the company.