Wolfe Research analyst Myles Walton initiates coverage on Honeywell Aerospace Inc (: HONA) with a Peerperform rating.

The analyst comments "The spin of Honeywell Aerospace will provide another proving ground for the case against conglomerates. We initiate with a Peer Perform rating, as we see a "Show Me" story out of the gates, but will eagerly watch for the benefits of simplification & focus in results."

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

Shares of Honeywell Aerospace Inc closed at $ yesterday.