Johnson Controls, Inc. (JCI) Tops Q4 EPS by 2c; Sees FY13 EPS Flat to Slightly Higher Over FY12

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Needham & Company Downgrades Johnson Controls (JCI) to Hold after Soft Outlook

November 1, 2012 7:40 AM EDT

Needham & Company downgraded Johnson Controls (NYSE: JCI) from Buy to Hold following Q4 results.

"In our view, Johnson Controls is well positioned to benefit from the growing global need to become more energy efficient. The Power Solutions business should deliver solid performance as demand... More