RBC Capital Maintains Underperform on Johnson Controls Intl, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained an Underperform rating on Johnson Controls International (JCI) and reduced the price target from $50 to $48.
January 31, 2024 | 4:35 pm
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RBC Capital has maintained an Underperform rating on Johnson Controls International and lowered the price target from $50 to $48.
The reduction in price target by RBC Capital suggests a bearish outlook on the stock, which could lead to a negative short term impact on JCI's stock price as market participants adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100