-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们将ITW的12个月目标价从250美元下调至235美元，市盈率为19.5倍，基于我们2027年每股收益预期12.04美元（此前预期为12.03美元；2026年每股收益预期从11.25美元上调至11.26美元），鉴于增长速度放缓，该估值低于ITW的长期平均市盈率。ITW多个业务板块增长乏力，并反映在第一季度业绩中。有机销售额仅增长0.4%，其中1%的下滑来自产品精简活动，七个业务板块中有四个出现下滑：食品设备-3%，汽车OEM-1%，建筑产品-1%，特种产品-5%。值得一提的是，企业举措继续推动利润率提升，定价策略有效抵御了通胀压力。尽管管理层指出，ITW在第一季度在充满挑战的市场环境下表现优异，但我们仍然认为，ITW落后于其他更专注于长期增长机遇的工业同行。我们重申对该股的“卖出”评级。
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