Illinois Tool Works longer term outlook strong, says Wells Fargo

theflyonthewall.com

After Illinois Tool Works provided 2014 EPS guidance that was slightly lower than expected at the midpoint, Wells Fargo thinks the company's operating margin is poised to rise to 20%+ by 2017. The firm believes that the company's Enterprise Strategy continues to gain traction, and itt keeps an Outperform rating on the stock.

Rates

View Comments