UPDATE: Deutsche Bank Lowers PT on Illinois Tool Works on Trimmed EPS Estimates
April 01, 2013 at 11:14 AM EDT
In a report published Monday, Deutsche Bank analyst Greg Poole reiterated a Buy rating on Illinois Tool Works (NYSE: ITW ), but lowered the price target from $75.00 to $73.00. In the report, Poole noted, “We are trimming our 2013 EPS estimate by 10 cents to $4.30 and our 2014