Goldman Sachs Removes Johnson Controls (JCI) from their Conviction Sell List

October 12, 2009 6:54 AM EDT

Goldman Sachs removes Johnson Controls, Inc. (NYSE: JCI) from their Conviction Sell List, buy maintained their Sell rating. The firm said the Oct 13 analyst day is likely to be a positive catalyst and they raised their price target from $18 to $20 on the back of higher EPS forecasts.

Johnson Controls, Inc. operates in building efficiency, automotive experience, and power solutions businesses worldwide.


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