Truist Financial lowered Illinois Tool Works from a "buy" rating to a "hold" rating and set a $283.00 target price on the stock. in a report on Thursday, July 31st. Finally, Evercore ISI set a $265.00 target price on Illinois Tool Works and gave the company an "underperform" rating in a report on Tuesday, August 19th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Illinois Tool Works presently has an average rating of "Reduce" and an average price target of $260.67.