Baird Downgrades Honeywell Intl to Neutral, Lowers Price Target to $217
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment has downgraded Honeywell International (NASDAQ:HON) from Outperform to Neutral and reduced the price target from $223 to $217.

October 25, 2024 | 11:09 am
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Baird analyst Peter Arment downgraded Honeywell International from Outperform to Neutral, reducing the price target from $223 to $217.
The downgrade from Outperform to Neutral suggests a less optimistic view on Honeywell's stock performance, which could lead to a negative short-term impact on the stock price. The lowered price target further supports this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100