RBC Capital Maintains Sector Perform on Honeywell Intl, Lowers Price Target to $218
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains a Sector Perform rating on Honeywell International (NASDAQ:HON) but lowers the price target from $222 to $218.
June 04, 2024 | 2:03 pm
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RBC Capital has maintained its Sector Perform rating on Honeywell International but has lowered the price target from $222 to $218. This suggests a slightly less optimistic outlook on the stock's short-term performance.
The lowering of the price target from $222 to $218 indicates a slightly less optimistic view on Honeywell's short-term performance. While the Sector Perform rating remains unchanged, the reduced price target could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100