Barclays raised the firm’s price target on Johnson Controls (JCI) to $101 from $100 and keeps an Equal Weight rating on the shares post the fiscal Q3 report. The firm says the stock’s valuation already factors in substantial operating improvement and high sale prices for assets.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JCI:
- Johnson Controls Reports Strong Q3 Earnings Growth
- Johnson Controls’ Earnings Call Highlights Growth and Optimism
- Morning Movers: Boeing, P&G advance after earnings
- Johnson Controls raises FY25 adjusted EPS view to $3.65-$3.68 from $3.60
- Johnson Controls reports Q3 adjusted EPS $1.05, consensus $1.01