** Barclays raises price target on Johnson Controls International JCI.N to $90 from $85, a downside of 6.3% to the stock's last close
** Rating unchanged at 'neutral'
** Says co's new CEO Joakim Weidemanis sees scope for substantial operating margin expansion in heating, ventilation, and air conditioning $(HVAC)$ business
** "It is not clear to us whether the growth and margin profile of F&S (fan & sprinklers) assets will ever match those of HVAC" - Barclays
** Expect co's building solutions orders to be up 7% on-year in June quarter
** Co's adj EPS beat Wall Street estimate for consecutive five quarters
** 14 of 23 brokerages rate the stock "buy" or higher, 9 "hold"; their median PT is $97- data compiled by LSEG
** As of last close, stock had risen 21.7% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。