Ascendiant Capital Initiates Johnson Controls With Buy

Analysts at Ascendiant Capital initiated coverage on

with a Buy rating. The target price for Johnson Controls is set to $68. Johnson Controls shares have dropped 4.96% over the past 52 weeks, while the S&P 500 index has gained 13.38% in the same period. Johnson Controls' shares rose 0.58% to close at $48.50 yesterday.