Johnson Controls upgraded at RBC Capital As previously reported, RBC Capital upgraded Johnson Controls to Top Pick from Outperform. The analyst believes Johnson Controls' transformational story towards a larger player in Building Efficiency is underappreciated and said it is taking actions to become more like multi-industry peers. Price target is $61.
Johnson Controls upgraded to Outperform from Sector Perform at RBC Capital RBC Capital upgraded Johnson Controls to reflect underappreciated earnings power driven by the turnaround at "Core JCI" and capital allocation. Price target raised to $61 from $45.