Credit Suisse Raises JCI Estimates

Credit Suisse is raising its estimates on Johnson Controls, Inc. JCI. “We are raising F2011, 2012 and 2013 EPS estimates modestly to $2.50/$3.02/$3.62 from $2.41/$2.90/$3.40,” Credit Suisse writes. “Target price is unchanged at $49.” Johnson Controls closed Thursday at $38.80.