Wells Fargo Maintains Overweight Rating for Johnson Controls Intl: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Overweight rating for Johnson Controls Intl (NYSE:JCI) and increased its price target from $69.00 to $74.00. Johnson Controls, a manufacturer and service provider of HVAC systems, building management systems, and fire and security solutions, saw its shares trading up 1.58% over the last 24 hours.
July 10, 2023 | 5:02 pm
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Wells Fargo has maintained its Overweight rating for Johnson Controls Intl and raised its price target, potentially indicating a positive outlook for the company's stock.
The maintained Overweight rating and increased price target by Wells Fargo indicates a positive outlook for Johnson Controls Intl. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100