Cowen Remains Bullish on Honeywell (HON) Following Aero Checks

Cowen reiterated an Outperform rating and $116.00 price target on Honeywell International (NYSE: HON) following aero checks. The checks affirm that Airbus still expects a significant A350 ramp in C16E, effectively on-plan with Airbus's year-ago targets.

Analyst Gautam Khanna commented, "HON is a "now" stock, with a record of solid execution, self-help margin levers, and cash deployment urgency for M&A. We're cautious on UOP/HPS, but our aero checks support HON's above-average EPS visibility in C16+ vs. diversified peers."

For an analyst ratings summary and ratings history on Honeywell International click here. For more ratings news on Honeywell International click here.

Shares of Honeywell International closed at $98.21 yesterday.

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