Illinois Tool Works (ITW) Tops Q2 EPS by 6c; Boosts FY16 EPS Outlook

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Illinois Tool Works (ITW) PT Raised to $114 at Credit Suisse

July 21, 2016 8:15 AM EDT

Credit Suisse analyst J. Cook raised its price target on Illinois Tool Works (NYSE: ITW) to $114.00 (from $106.00) while maintaining a Neutral rating.

Cook commented, "ITW's stock popped nearly 3% after beating Q2' EPS by 6%, reflecting solid top line organic growth and continued... More