Barclays Maintains Equal-Weight on Johnson Controls Intl, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Equal-Weight rating on Johnson Controls Intl (NYSE:JCI) but lowered the price target from $70 to $69.

August 04, 2023 | 1:14 pm
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Barclays has maintained an Equal-Weight rating on Johnson Controls Intl but lowered the price target from $70 to $69.
The news is directly about Johnson Controls Intl. The lowered price target might indicate a slightly less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that Barclays still sees it as a solid investment. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100