RBC Capital Maintains Sector Perform on Honeywell Intl, Lowers Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Honeywell International (HON) but has lowered the price target from $210 to $209.
February 02, 2024 | 4:33 pm
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RBC Capital has maintained a 'Sector Perform' rating on Honeywell International but lowered the price target from $210 to $209.
The slight reduction in price target by RBC Capital suggests a minor adjustment in valuation expectations for Honeywell International. Given the small magnitude of the change, the short-term impact on the stock price is likely to be neutral. The maintenance of a 'Sector Perform' rating indicates that the analyst's view on the company's prospects has not significantly changed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100