Jefferies Lifts PTs on Select Machinery Stocks (ITW) (OSK) (PCAR) (TKR)

Jefferies analyst Stephen Volkmann reiterated a Buy-rating and raised his price targets on Illinois Tool Works (NYSE: ITW) from $90 to $95, Oshkosh (NYSE: OSK) from $62 to $66, PACCAR Inc. (NASDAQ: PCAR) from $72 to $78 and The Timken Company (NYSE: TKR) from $66 to $70.

Volkmann said, "We believe the underlying fundamentals within truck and general NA industrial support an additional upside bias."

For an analyst ratings summary and ratings history on Illinois Tool Works click here. For more ratings news on Illinois Tool Works click here.

Shares of Illinois Tool Works closed at $80.76 yesterday.

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