Morgan Stanley Analyst Maintains Hold Rating on Honeywell with Target Price of $250
Morgan Stanley analyst Brandon Knutson has maintained his hold rating on Honeywell (HON.US) and kept its target price at $250. This decision was made despite the fact that Knutson's past year performance is less than stellar, with a success rate of 0.0% and a total average return of 0.0%. According to TipRanks data, this means that his virtual portfolio has not earned any positive returns from the stock in the past year.
Knutson's rating may come as a surprise given the performance metrics mentioned above. However, it is essential to note that these numbers are based on historical data and do not guarantee future success. The analyst's 0.0% success rate means that none of his ratings have been successful in generating positive returns.