Where Honeywell Intl Stands With Analysts
Portfolio Pulse from Benzinga Insights
Honeywell Intl (NASDAQ:HON) has received varied analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The latest average price target is $223.0, marking a 7.04% increase from the previous target. Analysts from Berenberg, Barclays, RBC Capital, and Wells Fargo have updated their ratings and price targets, reflecting changes in market conditions and company performance. Honeywell, a global conglomerate, has shown notable revenue growth and profitability, with a strong financial overview including a high net margin and ROE.
March 06, 2024 | 12:00 pm
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POSITIVE IMPACT
Honeywell Intl has received updated analyst ratings and price targets, indicating a positive shift in market sentiment. The company's financial performance, including revenue growth and profitability, supports this optimistic outlook.
The recent analyst updates and the increase in the average price target for Honeywell Intl reflect a positive market sentiment towards the company. The financial overview, including revenue growth, high net margin, and ROE, supports this optimistic outlook, suggesting a potential short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100