Bernstein Analyst Keeps Hold Rating on Honeywell Despite Mixed Track Record

Bernstein analyst Varun Govindaraj maintains his hold rating for Honeywell (HON.US), sticking to a target price of $264.

According to TipRanks, an independent third-party analysis service, Govindaraj's past performance has been mixed. With a success rate of 31.8% and a total average return of -2.7% over the past year, Govindaraj ranks among analysts with lower-than-average results.

TipRanks' star rating system evaluates analysts on a scale from one to five stars based on their overall performance. Govindaraj's two-star rating indicates that his recommendations have not been consistently profitable for investors following his advice.