Barclays analyst Julian Mitchell raised the firm’s price target on Honeywell (HON) to $252 from $229 and keeps an Overweight rating on the shares. The firm sees free cash flow-based sum-of-the-parts upside to $267 per share in 2025, and notes Elliott sees an end of 2026 upside case of $374 per share.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON:
- Elliott Investment Reveals Honeywell (HON) Position and Calls for Breakup
- Elliott confirms big Honeywell stake, Home Deport reports Q3 beat: Morning Buzz
- Early notable gainers among liquid option names on November 12th
- Honeywell welcomes investor feedback, to engage with Elliott, spokesperson says
- Elliott confirms $5B+ stake in Honeywell, urges ‘simplification’ of structure