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Johnson Controls price target raised to $125 from $120 at Argus

Argus analyst John Eade raised the firm’s price target on Johnson Controls (JCI) to $125 from $120 and keeps a Buy rating on the shares. Johnson Controls reported results for continuing operations that included double-digit EPS growth and topped analyst expectations, the analyst tells investors in a research note. Shares are attractively valued at current prices, the firm says.

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