Oppenheimer Maintains Outperform on Johnson Controls Intl, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Johnson Controls Intl (JCI) but lowers the price target from $71 to $70.

May 02, 2024 | 12:55 pm
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NEUTRAL IMPACT
Oppenheimer maintains an Outperform rating on Johnson Controls Intl but lowers the price target from $71 to $70.
The adjustment in price target by Oppenheimer reflects a slight modification in their valuation assessment of JCI, yet the maintenance of an Outperform rating indicates a continued positive outlook on the company's performance. This could suggest a neutral to slightly positive short-term impact on JCI's stock price, as the market absorbs the minor adjustment in price target against the backdrop of an overall positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100