Morgan Stanley analyst Kristine Liwag lowered the price target on Honeywell Aerospace Inc (NASDAQ: HONA) to $205.00 (from $235.00) while maintaining a Equalweight rating.

The analyst comments "Despite strong demand, HONA remains constrained by execution challenges as it delivered lower-than-expected 2Q26 results & lowered 2026 guidance. However, the fundamental business has attractive attributes, with upside if HONA can resolve supply-chain issues. Maintain EW / PT to $205."