B of A Securities Downgrades Honeywell Intl to Neutral, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Honeywell International from Buy to Neutral and reduced its price target from $250 to $230.

October 24, 2024 | 3:33 pm
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B of A Securities has downgraded Honeywell International from Buy to Neutral, reducing the price target from $250 to $230.
The downgrade from Buy to Neutral by B of A Securities suggests a less optimistic outlook on Honeywell's stock performance. The lowered price target from $250 to $230 indicates expectations of limited upside potential, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100