Honeywell Aerospace Surges Amid Positive Research Reports

Honeywell Aerospace (NASDAQ:HONA) shares rose by 3.9% during mid-day trading on Tuesday, reaching an intraday high of $217.06 and closing at $216.48.

The company's average daily volume was 2,870,050 shares, but only 2,736,323 shares were traded, a decline of 5% from the previous day.

Honeywell Aerospace has been the subject of several research reports in recent weeks. Jefferies Financial Group upgraded the stock to a 'positive' rating on July 29th, while Royal Bank Of Canada reaffirmed an 'outperform' rating with a price target of $300.00 on July 20th.

The consensus rating for Honeywell Aerospace is currently 'Hold', with one analyst giving it a Strong Buy rating and four others recommending it as a Buy.