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Citi Raises its Price Target on Johnson Controls (JCI) to $150
Citi raised its price target on Johnson Controls International plc (NYSE:JCI) to $150 from $139, maintaining a Neutral rating, as part of a Q1 preview for industrial companies. This follows similar actions by Evercore ISI initiating coverage with a $155 price target and Goldman Sachs raising its target to $158 with a Buy rating, citing accelerating organic growth and self-help opportunities. Johnson Controls designs and services building products, and the article notes its potential as an investment while highlighting the greater perceived upside in certain AI stocks.