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Stock impact report

Barclays Lowers Honeywell (HON) PT, Flags Demand Uncertainty in Multi-Industry Sector [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Barclays Lowers Honeywell (HON) PT, Flags Demand Uncertainty in Multi-Industry Sector Photo by Annie Spratt on Unsplash On April 1, Barclays analyst Julian Mitchell lowered the firm's price recommendation on Honeywell International Inc. (NASDAQ:HON) to $255 from $275. It reiterated an Overweight rating. The update was part of a broader Q1 earnings preview for the multi-industry group. The analyst noted that the sector is facing “more demand question marks,” while expectations have been “somewhat re-based,” according to a research note. On March 27, BMO Capital Markets initiated coverage of Honeywell with an Outperform rating and a $273 price target. The firm said it is constructive on the stock ahead of the planned Aerospace spin expected in the next 3–6 months. It also pointed to strong Aerospace & Defense fundamentals, along with the ongoing transformation of the Remainco portfolio, which it believes are not fully reflected in the current valuation. The firm added that the st Show less Read more
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