Morgan Stanley Maintains Overweight on Johnson Controls Intl, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski maintains an Overweight rating on Johnson Controls Intl (NYSE:JCI) and raises the price target from $72 to $77.
July 12, 2023 | 1:30 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Johnson Controls Intl and raises the price target from $72 to $77. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Johnson Controls Intl. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100