Recent updates on Johnson Controls International Plc JCI report varied developments impacting the firm's progress. JCI's shares were purchased by Park Avenue Securities LLC, leading to a rise in their value. Amid steady business strength, the company's ongoing financial status was tightened for its FY24 Guidance. Analysts at Citigroup cut the price target to $84.00 while observing an increase in the return on investment over the past five years.
The company, noted for its technological advancements, announced a significant step in its portfolio transformation with the initiation of CEO succession. Furthermore, the company plans to sell its residential and light commercial HVAC business, which is receiving criticism for the inconsistencies in its financials. To combat a skilled building systems technician shortage, the Johnson Controls Academy is doubling their training capacity. Along with launching AI-powered integrations, JCI has also named an IoT Digital Platform Leader.
Johnson Controls International Plc JCI News Analytics from Thu, 04 Apr 2024 07:00:00 GMT to Sat, 18 Jan 2025 08:56:53 GMT - Innovation 7 - Information 5 - Rumor -3
