Illinois Tool Works named short-term sell idea at Deutsche Bank

Deutsche Bank analyst Nicole Deblase placed at “Catalyst Call: Sell” on shares of Illinois Tool Works as a short-term investment idea. The company faces increasingly difficult prior year organic revenue comps, coupled with growing evidence of deteriorating short-cycle industrial activity, the analyst tells investors in a research note. The firm sees potential for earnings miss in Q2 and less opportunity for year-over-year margin expansion.