Mizuho Maintains Neutral on Johnson Controls Intl, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey maintains a Neutral rating on Johnson Controls Intl (NYSE:JCI) and raises the price target from $62 to $75.

October 17, 2024 | 11:48 am
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Mizuho has maintained a Neutral rating on Johnson Controls Intl but increased the price target from $62 to $75, indicating a more optimistic outlook.
The increase in the price target from $62 to $75 suggests a more positive outlook on JCI's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100