Baird analyst Timothy Wojs raised the firm’s price target on Johnson Controls (JCI) to $85 from $80 and keeps a Neutral rating on the shares. The firm said FQ4 posted upside to Street estimates led by solid margin performance in Global Products, more than offsetting mixed performance in Building Solutions with revenue ahead and margins lighter.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JCI:
- Johnson Controls price target raised to $75 from $64 at Barclays
- Johnson Controls price target raised to $90 from $84 at Wells Fargo
- Johnson Controls Exceeds Q4 Expectations with Strong Growth
- Johnson Controls sees Q1 adjusted EPS 57c-60c, consensus 56c
- Johnson Controls sees FY25 adjusted EPS $3.40-$3.50, consensus $3.72