RBC Capital Maintains Sector Perform on Honeywell Intl, Lowers Price Target to $213
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 $214 to $213.
October 25, 2024 | 5:31 pm
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RBC Capital has maintained its Sector Perform rating on Honeywell International but slightly lowered the price target from $214 to $213.
The slight reduction in the price target from $214 to $213 by RBC Capital suggests a neutral to slightly cautious outlook on Honeywell's stock performance. The maintenance of the Sector Perform rating indicates that the analyst expects the stock to perform in line with the sector. The impact on the stock price is likely neutral in the short term as the change in price target is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100