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December 14, 2012
08:41 EDTITWIllinois Tool Works outlines 2012-2017 key initiatives
The company's focus of its 2012-2017 Enterprise Strategy is to maximize the company's performance and returns in the context of an increasingly challenging external environment. CEO Scott Santi said, "Our plan focuses the company on generating maximum leverage and impact from ITW's unique and differentiated core capabilities - our 80/20 business model, sustainable differentiation, and our entrepreneurial culture - by deploying these capabilities in ways we believe will maximize their relevance and impact. We will be the same ITW - only more focused, more efficient, and more streamlined in order to continue to generate consistent profit growth and strong returns throughout this plan period and beyond."
News For ITW From The Last 14 Days
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September 3, 2015
10:03 EDTITWOn The Fly: Analyst Upgrade Summary
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06:54 EDTITWIllinois Tool Works upgraded to Buy from Neutral at Goldman
Goldman upgraded Illinois Tool Works to Buy and lowered its price target to $99 from $101. The firm views Illinois Tool Works' valuation as compelling and earnings will be more resilient than investors believe. Goldman believes the company's margin story still has room to expand driven by improved sourcing, amortization roll-off, product line simplification, and cost efficiencies.

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