Why Johnson Controls ebc2 International plc (NYSE:JCI) Stock fell -39.45% in Last Six Months?

BofA Securities raised the price target for the Johnson Controls International plc (NYSE:JCI) stock to ‘a Buy’. The rating was released on May 02, 2023, according to finviz. We previously noted in another research note published on March 24, 2023 by Deutsche Bank that upgraded the stock from a Hold to a Buy with a price target of $79 for JCI stock. The research report from Mizuho has initiated the stock to Buy, with a price target set at $93. The stock was reiterated by Wells Fargo, who disclosed in a research note on November 08, 2021, to Overweight and set the price objective to $83.

Peggy Goldman