Jefferies' Hold Rating on Honeywell Reflects Neutral Stance on Future Performance

Jefferies analyst Stephen Volkmann has initiated coverage of Honeywell (HON.US) with a hold rating. This means that Volkmann is neither strongly recommending nor warning against buying or holding the stock.

The target price set by Volkmann for HON.US is $255, indicating his neutral stance on the company's future performance.

Volkmann's past performance record shows a success rate of 67.6% and an average return of 19.5% over the past year, according to TipRanks data.