Wells Fargo Maintains Overweight on Johnson Controls Intl, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea has maintained an Overweight rating on Johnson Controls Intl (NYSE:JCI) and raised the price target from $80 to $84.
October 07, 2024 | 8:19 pm
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Wells Fargo has increased its price target for Johnson Controls Intl from $80 to $84, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $80 to $84 by Wells Fargo, along with maintaining an Overweight rating, indicates a positive sentiment towards Johnson Controls Intl's future performance. This is likely to have a positive short-term impact on the stock price as investors may view this as a sign of confidence in the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100