Credit Suisse Upgrades Honeywell International (HON) to Outperform

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RBC Capital Upgrades Honeywell International (HON) to Outperform

January 4, 2019 5:16 AM EST

RBC Capital analyst Deane Dray upgraded Honeywell International (NYSE: HON) from Sector Perform to Outperform with a price target of $148.00.

The analyst believes the company is benefiting from a higher re-rating following the Garrett & Resideo spins.

Dray comments "RemainCo now has higher profitability,... More