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Actionable news in JCI: JOHNSON CONTROLS Inc,

Johnson Controls (JCI) Stock Price Target Raised at Deutsche Bank

NEW YORK (TheStreet) -- Johnson Controls' (JCI - Get Report) price target was increased to $47 from $46 at Deutsche Bank on Friday morning. The firm has a "hold" rating on the stock.

The higher price target comes after the Milwaukee-based technology company reported better-than-expected earnings for the 2016 second quarter yesterday.

Johnson Controls posted adjusted earnings of 86 cents per share, beating analysts' estimates of 82 cents per share. Revenue was $9 billion, which met Wall Street's expectations.

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