Illinois Tool Works (NYSE:ITW) Price Target Raised to $327.00 at JPMorgan Chase & Co.

JPMorgan Chase & Co. has raised its price target for Illinois Tool Works (NYSE:ITW) to $327.00 from $310.00, maintaining an “overweight” rating and suggesting an 18.07% upside. This comes after ITW reported slightly better-than-expected quarterly earnings and provided a positive FY2026 EPS guidance. Other analysts have varying ratings, leading to a MarketBeat consensus of “Reduce” with a lower target of $275.69.