UBS raised the firm’s price target on Johnson Controls (JCI) to $116 from $103 and keeps a Buy rating on the shares. The firm sees tailwinds from higher electricity prices, the analyst tells investors in a research note.
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Read More on JCI:
- Johnson Controls price target raised to $105 from $90 at Mizuho
- Johnson Controls price target raised to $98 from $81 at JPMorgan
- Johnson Controls: Strategic Focus on Cash Flow and Data Center Growth Drives Buy Rating
- Johnson Controls price target raised to $90 from $85 at Barclays
- Target downgraded, Wayfair upgraded: Wall Street’s top analyst calls
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