Argus analyst John Eade kept his Buy rating on Johnson Controls with a price target of $45, saying the stock price has outperformed over the past quarter as its management "continues to transform its business line-up" with the recent sale of its Power Solutions business. The analyst is also positive on the company "hitting its operating targets" while emerging as a "top-quartile multi-industrial company with core growth platforms in buildings and energy storage." Eade anticipates the transformation of Johnson Controls to result in more consistent sales growth and margin improvement, thanks in part to the company's stepped up investment in its sales team.