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Honeywell price target raised to $204 from $199 at RBC Capital
The Fly

Honeywell price target raised to $204 from $199 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on Honeywell to $204 from $199 but keeps a Sector Perform rating on the shares after its Q4 operating miss. The analyst notes that all of the company’s segment level commentary for 2023 was in-line with expectations, and the firm is also positive on Honeywell completing its asbestos trust funding while de-risking its balance sheet.

Published first on TheFly

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