RBC Lowers Price Target on HON Amid Mixed Analyst Views
Royal Bank of Canada (RBC) has reduced its price objective for Honeywell International (NASDAQ:HON) stock from $298.00 to $293.00 in a recent research report.
The move suggests a potential upside of 27.70% from the company's previous close, and RBC maintains an 'outperform' rating on HON's stock.
Other analysts have also weighed in on Honeywell International recently, with Weiss Ratings downgrading it from a 'hold (c)' to a 'hold (c-)' rating, while The Goldman Sachs Group upped its price target on HON from $258.00 to $276.00 and gave the stock a 'buy' rating.
Honeywell International's aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems, and aftermarket services.