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Stock impact report

Jim Cramer is Enthusiastic About Honeywell (HON) Split [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
Honeywell International Inc. (NASDAQ:HON) is an industrial conglomerate that is currently in the news due to its decision to split into three firms. One of these, Solstice Advanced Materials, started trading on the stock market earlier this year, while the other business, Honeywell Aerospace, is expected to complete the separation next year. On December 15th, Evercore ISI initiated coverage on Honeywell International Inc. (NASDAQ:HON)'s stock and set an Outperform rating along with a $255 share price target. The financial firm outlined that the industrial company could benefit from economic growth, which could provide earnings power. However, on November 10th, TD Cowen had cut Honeywell International Inc. (NASDAQ:HON)'s share price target to $240 from $250 and kept a Buy rating, according to The Fly. The shift was made following the firm's third-quarter earnings. On December 22nd, Honeywell International Inc. (NASDAQ:HON) made an important announcement when it revealed that it would Show less Read more
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