Honeywell (HON) Files Mixed Shelf

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Goldman Sachs Reiterates Buy Rating on Honeywell International (HON)

October 28, 2024 6:02 AM EDT

Goldman Sachs analyst Joe Ritchie reiterated a Buy rating and $227.00 price target on Honeywell International (NASDAQ: HON).

The analyst comments "Bottom line: Core growth weaker, still waiting on short cycle. HON reported 3Q segment EBIT (excluding corporate) that was +1% vs. FactSet (FS) consensus estimates and also narrowed its FY24 guide to $10.15-$10.25.... More