Information Provided By:
Fly News Breaks for October 2, 2015
JCI
Oct 2, 2015 | 06:40 EDT
Nomura upgraded Johnson Controls to Outperform with a $50 price target. Analyst Jonathan Wright said Johnson Controls is trading close to a 10-year low relative to the S&P 500, partially due to concerns over China. Wright believes the market is overstating China size and exposure and the near-term earrings risk. Further, Wright said a potential spin off of the autos business is clearer than ever and sees a potential catalyst for shares from the December analyst day.
News For JCI From the Last 2 Days
There are no results for your query JCI