** Truist Securities cuts price target on Illinois Tool Works ITW.N to $284 from $302, rating unchanged at "buy"
** The new price target shows 18.4% upside to the stock's last close
** Says overall demand was steady in Q1, however the impact on customer demand from tariffs remains unknown looking forward
** "For 2025, auto builds and relevant markets are projected to be down mid-single digits"- Truist
** Brokerage raises 2025 adj. EPS forecast to $10.30 from $10.20
** Co's shares up 1% to $243 on Thursday's trading
** ITW announced earnings on Wednesday
** 3 of 20 brokerages rate the stock "buy" or higher, 13 "hold" and 4 "sell" or lower; their median PT is $245
** Including session moves, the shares are down 4% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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