Berenberg Upgrades Honeywell Intl to Buy, Announces $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Philip Buller upgraded Honeywell Intl (NASDAQ:HON) from Hold to Buy and set a price target of $240.

March 06, 2024 | 10:25 am
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Berenberg upgraded Honeywell Intl to Buy from Hold and set a $240 price target.
Upgrades by analysts, especially from Hold to Buy, typically signal a positive outlook on the stock, suggesting potential upside. The setting of a high price target ($240) further indicates Berenberg's confidence in Honeywell Intl's future performance, likely leading to increased investor interest and potentially a rise in stock price in the short term.
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