HONEYWELL TO ACQUIRE CAES TO ENHANCE DEFENSE TECHNOLOGIES ACROSS LAND, SEA, AIR AND SPACE
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BofA Securities Reiterates Buy Rating on Honeywell International (HON)
June 21, 2024 5:33 AM EDTBofA Securities analyst Andrew Obin reiterated a Buy rating and $250.00 price target on Honeywell International (NASDAQ: HON)
The analyst comments "On 6/20, Honeywell announced it would acquire CAES from Advent International for $1.9bn. The all-cash transaction values CAES at 14x 2024E EV/EBITDA on a... More
