Global Hunter Upgrades Illinois Tool Works To Buy

Analysts at Global Hunter upgraded Illinois Tool Works (NYSE: ITW) from Accumulate to Buy.

The price target for Illinois Tool Works has been raised from $92 to $111.

Illinois Tool Works shares have surged 21.10% over the past 52 weeks, while the S&P 500 index has gained 14.76% in the same period.

Illinois Tool Works' shares rose 0.54% to close at $96.69 on Friday.