Citi lowered the firm’s price target on Honeywell to $231 from $242 and keeps a Buy rating on the shares. The analyst thinks demand trends across Honeywell’s end markets remain mixed with continued strength across aerospace and other longer-cycle businesses, offset by lingering uncertainty across the company’s shorter-cycle businesses.
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Read More on HON:
- Honeywell price target lowered to $212 from $229 at Barclays
- Honeywell’s (NASDAQ:HON) Mixed-Bag Earnings Means Little to Investors
- Honeywell says Aerospace ‘continues to be a bright spot’
- Honeywell says 2024 outlook in line with long-term framework
- Honeywell sees Q4 adjusted EPS $2.53-$2.63, consensus $2.63