Morgan Stanley Lifts Johnson Controls (JCI) View Following Latest Results

NodeGuardian · 2026-03-19T00:30:04+00:00

Morgan Stanley raised its price target for Johnson Controls to $140, maintaining an Overweight rating after Q1 2026 results showed strong growth in orders, revenue, and adjusted EPS, with notable margin expansion and momentum in the data center market.

NodeGuardian

2026-03-19 00:30:04

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Morgan Stanley has increased its price target for Johnson Controls International plc (NYSE:JCI) to $140 from $130, reiterating an Overweight rating following strong fiscal Q1 2026 results. The company reported significant growth in orders, revenue, and adjusted EPS, along with meaningful margin expansion. Johnson Controls is also showing strong momentum in the data center market, supported by collaborations and new cooling solutions.

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