HSBC analyst Puneet Garg downgraded Johnson Controls to Hold from Buy with a $60 price target.
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Read More on JCI:
- Johnson Controls (NYSE:JCI) Tanks on Soft Q1 Print
- Johnson Controls cuts FY24 adjusted EPS view to $3.65-$3.80 from $3.65-$3.80
- Johnson Controls sees Q2 adjusted EPS 74c-78c, consensus 78c
- Johnson Controls reports Q1 adjusted EPS 51c, consensus 51c
- Johnson Controls weighing sale of about $5B in HVAC assets, Bloomberg says