RBC Capital Maintains Sector Perform on Johnson Controls Intl, Lowers Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Johnson Controls Intl (NYSE:JCI) but lowered the price target from $68 to $67.

August 04, 2023 | 1:36 pm
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Johnson Controls Intl's price target has been lowered from $68 to $67 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a slightly less optimistic outlook for Johnson Controls Intl. However, the maintenance of the 'Sector Perform' rating suggests that the company is still expected to perform on par with the sector. This could lead to neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100