Johnson Controls Launches OpenBlue Net Zero Buildings as a Service

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Jefferies Starts Johnson Controls (JCI) at Buy

July 8, 2021 7:20 AM EDT

Jefferies analyst Stephen Volkmann initiates coverage on Johnson Controls (NYSE: JCI) with a Buy rating and a price target of $85.00.

The analyst comments "We see upside to consensus expectation both due to JCI's heavier focus on later-cycle commercial building systems and... More