Morgan Stanley Initiates Coverage On Honeywell Intl with Equal-Weight Rating, Announces Price Target of $210
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Honeywell International with an Equal-Weight rating and set a price target of $210.
September 06, 2024 | 1:49 pm
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NEUTRAL IMPACT
Morgan Stanley has initiated coverage on Honeywell International with an Equal-Weight rating and a price target of $210, suggesting a neutral outlook.
The Equal-Weight rating indicates that Morgan Stanley expects Honeywell's stock to perform in line with the market. The price target of $210 suggests limited upside potential from current levels, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100