Johnson Controls stock hits all-time high at 143.17 USD

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Johnson Controls International PLC stock has reached an all-time high of $143.17, trading at $143.33 with a market capitalization of $87.5 billion and delivering a 63% return over the past year. This surge is attributed to strategic initiatives, favorable market conditions, and recent strong fiscal first-quarter results that surpassed analyst expectations. JPMorgan increased its price target for the company to $158, and Johnson Controls also announced the acquisition of Alloy Enterprises to enhance its data center cooling capabilities.

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