Johnson Controls Reports Solid Q1 Results; Updates FY24 Guidance

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Go back to Johnson Controls Reports Solid Q1 Results; Updates FY24 Guidance

Deutsche Bank Downgrades Johnson Controls (JCI) to Hold

January 30, 2024 4:23 PM EST

Deutsche Bank analyst Nicole DeBlase downgraded Johnson Controls (NYSE: JCI) from Buy to Hold with a price target of $60.00 (from $65.00).

The analyst comments "It is not easy to downgrade a stock after multiple years of underperformance vs. peers, and while we... More