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Fly News Breaks for October 18, 2016
JCI
Oct 18, 2016 | 07:51 EDT
Baird analyst Timothy Wojs initiated Johnson Controls with an Outperform rating and $53 price target. The analyst sees a visible pathway to mid-teens earnings growth with several positive catalysts including its investors day, synergy upside, free cash flow deployment, and valuation re-rating.
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