Honeywell Aerospace Share Price Rises 3.6%

Honeywell Aerospace's share price rose by 3.6% on Wednesday, reaching as high as $166.21 and closing at $164.18. Approximately 4,577,229 shares traded hands during this time, a 27% increase from the average daily volume of 3,616,188 shares.

Analysts have been weighing in on Honeywell Aerospace, with some upgrading their ratings. On July 9th, Argus started coverage and issued a 'buy' rating with a target price of $275.00. Morgan Stanley also raised their rating from 'equal weight' to 'overweight' on August 19th.

Despite the positive views from some analysts, others have been more cautious. On August 6th, UBS Group reduced their price objective on Honeywell Aerospace from $231.00 to $213.00 and set a 'neutral' rating.