Piper Jaffray is out with its report today on Johnson Controls JCI, maintaining Neutral.
In a note to clients, Piper Jaffray writes, "We rate JCI shares Neutral to reflect the stock's balanced risk/reward profile. We believe the company is well-positioned for growth across a number of end market verticals, but at current levels this is largely priced into the stock."
Piper Jaffray maintains a $46 PT on JCI.
Shares of JCI closed Friday at $39.16, up 0.46$ from Thursday's close.
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Posted In: Analyst ColorAnalyst RatingsAuto Parts & EquipmentConsumer DiscretionaryJohnson ControlsPiper Jaffray
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