HSBC Upgrades Johnson Controls Intl to Buy, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Puneet Garg has upgraded Johnson Controls Intl (NYSE:JCI) from Hold to Buy and raised the price target from $58 to $69.
September 27, 2023 | 9:29 am
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POSITIVE IMPACT
Johnson Controls Intl has been upgraded to Buy from Hold by HSBC, with a raised price target of $69.
The upgrade from Hold to Buy by HSBC indicates a positive outlook for Johnson Controls Intl. The raised price target from $58 to $69 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100