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ITW - Illinois Tool downgraded at BAML as Q4 results failed to inspire
Illinois Tool Works Inc.
Illinois Tool Works (NYSE:ITW) -1.9% pre-market after BofA Merrill Lynch downgrades shares to Underperform from Neutral with a $124 price target, trimmed from $128, saying the company’s Q4 results "were not overly inspiring" and that it sees downside to consensus expectations.
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