Melius Downgrades Honeywell International to Hold Amid Mixed Analyst Views
Honeywell International (NASDAQ:HON) has been downgraded to a 'hold' rating from Melius Research, following previous ratings ranging from 'buy' to 'outperform'.
The current price objective is $190.00 per share, indicating a potential 6.11% decline from the company's previous close.
Despite this downgrade, other analysts have maintained positive views on the stock, with BMO Capital Markets boosting their target price to $276.00 and Daiwa Securities Group raising Honeywell International from 'neutral' to 'outperform', setting a target price of $255.00.