Honeywell price target raised to $225 from $220 at JPMorgan

JPMorgan raised the firm’s price target on Honeywell to $225 from $220 and keeps an Overweight rating on the shares. The analyst says the early close of the Access Solutions acquisition “provides some air cover for earnings this year,” supporting a reaffirmation of guidance. Importantly, Honeywell reaffirmed all aspects of the core Honeywell guidance, though the early completion of the deal should provide some additional earnings, the analyst tells investors in a research note.