Honeywell revenue misses on weak demand from oil, gas customers
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UBS Reiterates Buy Following General Electric's (GE) 3Q Results
October 19, 2015 9:03 AM EDTUBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More
Cowen Remains bullish on Honeywell (HON) Following 3Q15 EPS Beat
October 16, 2015 9:04 AM EDTCowen reiterated an Outperform rating and $116.00 price target on Honeywell International (NYSE: HON) following the company's 3Q15 earnings results. EPS was reported at $1.60 vs. the Street's $1.55 and guided $1.51-1.56 on 1% organic growth.
Analyst Gautam Khanna commented, "Q3 EPS beat on strong execution,... More
