Goldman Sachs Added Johnson Controls (JCI) to their Conviction Sell List
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Goldman Sachs added Johnson Controls (NYSE: JCI) to their Conviction Sell List, with a downside price target of $17 (from $19). The firm said the shares will underperform the auto space and they see below average revenue an EBITDA growth.
Johnson Controls, Inc. operates in building efficiency, automotive experience, and power solutions businesses worldwide.
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