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Johnson Controls Downgraded by Deutsche Bank (JCI)
7/2/2009 12:50:24 PM
Automotive components maker Johnson Controls, Inc. (JCI) was downgraded by analysts at Deutsche Bank on Thursday, sending its shares plunging.
Deutsche Bank lowered its rating on JCI to “Hold” from a previous “Buy” rating, but raised its price target for the shares to $23 from $20. JCI shares closed at $22.75 on Wednesday.
The analyst also lowered [...] Read the full story
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