Honeywell (HON) Explores Strategic Altenatives
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December 17, 2024 6:05 AM EST
Jefferies analyst Sheila Kahyaoglu raised the price target on Honeywell International (NASDAQ: HON) to $260.00 (from $220.00) while maintaining a Hold rating.
The analyst comments "HON's flurry of strategic actions have been further stimulated by Elliott's $5BB stake announced on Nov 12. On Dec... More
December 16, 2024 1:49 PM EST
BofA Securities analyst Andrew Obin reiterated a Neutral rating and $240.00 price target on Honeywell International (NASDAQ: HON)
The analyst comments "On 12/16, Honeywell issued a press release announcing that its Board of Directors has made significant progress on its comprehensive portfolio evaluation launched earlier this year by Chairman and CEO Vimal Kapur. It continues to explore strategic alternatives, including the potential separation of its Aerospace business. The... More
