RBC Capital Maintains Sector Perform on Johnson Controls Intl, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Johnson Controls International (JCI) but has reduced the price target from $58 to $54.
December 13, 2023 | 4:16 pm
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RBC Capital analyst Deane Dray maintains a 'Sector Perform' rating on JCI and lowers the price target from $58 to $54.
The reduction in price target by RBC Capital suggests a more conservative valuation of JCI, which could lead to a negative short-term reaction in the stock price as investors adjust their expectations.
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