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Illinois Tool Works (ITW) Upgraded to Buy: Here's Why

Zacks Investment Research·
Illinois Tool Works (ITW) Upgraded to Buy: Here's Why

Illinois Tool Works (ITW) received a Zacks Rank #2 (Buy) upgrade, reflecting upward trends in earnings estimates. The company is expected to earn $11.44 per share for fiscal year 2026, with analysts raising consensus estimates by 0.7% over the past three months. The upgrade positions ITW in the top 20% of Zacks-covered stocks, suggesting potential near-term stock price appreciation.

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