** 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))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。