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Johnson Controls price target raised to $154 from $137 at Goldman Sachs

Tipranks - Fri Feb 6, 7:14AM CST

Goldman Sachs raised the firm’s price target on Johnson Controls (JCI) to $154 from $137 and keeps a Buy rating on the shares. Johnson Controls reported Q1 segment EBITA above consensus, driven by strong organic growth across all regions and standout acceleration in orders and backlog, the analyst tells investors in a research note. The company raised FY26 EPS guidance to $4.70 and Q2 EPS to $1.11, providing strong visibility for growth over the next 9-12 months, Goldman says.

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