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.
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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
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