BofA lowered the firm’s price target on Johnson Controls (JCI) to $95 from $100 and keeps a Buy rating on the shares. For the firm’s Industrials/Multi-Industry coverage, BofA expects Q1 earnings to be in line or a beat, but is preemptively lowering its estimates based on higher uncertainty and established tariffs despite the April 9 announcement of a 90-day pause on reciprocal tariffs, the analyst tells investors in a preview for the group.
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 lowered to $85 from $95 at Citi
- Johnson Controls price target lowered to $81 from $100 at JPMorgan
- Johnson Controls Announces Major Reorganization into Three Segments
- Johnson Controls named short-term buy idea at Deutsche Bank
- Johnson Controls Appoints New CEO at AGM 2025