On Oct 10, major Wall Street analysts update their ratings for $Honeywell (HON.US)$, with price targets ranging from $220 to $250.
J.P. Morgan analyst Stephen Tusa downgrades to a hold rating, and adjusts the target price from $225 to $235.
BofA Securities analyst Andrew Obin maintains with a buy rating, and maintains the target price at $250.
Barclays analyst Julian Mitchell maintains with a buy rating, and maintains the target price at $232.
Jefferies analyst Sheila Kahyaoglu maintains with a hold rating, and maintains the target price at $220.
Furthermore, according to the comprehensive report, the opinions of $Honeywell (HON.US)$'s main analysts recently are as follows:
The refreshed focus on organic growth by Honeywell is anticipated to yield results around 2025, yet there's uncertainty regarding its impact on the company's bottom line, as this may be offset by margin considerations. Furthermore, the company's current emphasis on divestitures seems to suggest that while portfolio management may steer the company towards improved quality metrics, this strategy could disrupt the short-term consensus earnings trajectory.
Here are the latest investment ratings and price targets for $Honeywell (HON.US)$ from 4 analysts:
Note:
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