Honeywell beats profit estimates, lifts full-year forecasts
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July 25, 2017 8:22 AM EDT
UBS lowered its price target on General Electric (NYSE: GE) to $31.00 (from $35.00) while maintaining a Buy rating following the company's 2Q. 2Q17 EPS of $0.28 beat the consensus estimate of $0.25. Organic growth slowed to 2% in 2Q, as did organic orders, +5% in 2Q vs. +7% in 1Q.... More
July 24, 2017 10:09 AM EDT
Oppenheimer raised its price target on Honeywell International (NYSE: HON) to $155.00 (from $148.00) while maintaining a Outperform rating following the company's 2Q. HON's 2Q17 EPS of $1.80 came in ahead of $1.75-1.80 guidance and $1.78 estimates. Revenue of $10.1B increased 1% y-o-y vs. down from 1-3%... More
July 24, 2017 7:30 AM EDT
Jefferies raised its price target on Honeywell International (NYSE: HON) to $155.00 (from $141.00) while maintaining a Buy rating. 2017 EPS estimate of $7.10 remains unchanged.
Jefferies' revenue forecast for Honeywell International is boosted by nearly $300mm to 39.89BB. Analyst Howard Rubel increased 2018 EPS estimates to $7.75 from $7.60.
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