New CEO appointment at Johnson Controls sparks UBS upgrade and price target hike

From StockTwits: 2025-02-10 14:44:09

Incoming CEO Joakim Weidemanis, previously of Danaher Corporation, was appointed as the new chief executive of Johnson Controls International. Shares of JCI rose over 2% after UBS upgraded the stock to ‘Buy’ with a price target of $103, citing Weidemanis’ potential to improve operating margins. Despite positive news, retail sentiment on Stocktwits remains ‘bearish.’ Barclays and JPMorgan raised their price targets on JCI, reflecting confidence in the stock’s performance. JCI stock has gained over 13% in 2025 and 61% over the past year. Analysts are optimistic about the company’s future under Weidemanis’ leadership.



Read more at StockTwits: Johnson Controls Stock Jumps As New CEO’s Appointment Sparks UBS Upgrade, Price Target Hike: Retail’s Still Bearish