Honeywell International (HON) Soars 3.7%: Is Further Upside Left in the Stock?
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Honeywell International (HON) saw a 3.7% increase in its stock price with above-average trading volume. However, current earnings estimate revisions do not indicate continued strength.
December 17, 2024 | 3:00 pm
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NEUTRAL IMPACT
Honeywell International's stock rose by 3.7% with high trading volume, but earnings estimate revisions do not support further gains.
The stock's recent price increase is significant, but the lack of positive earnings estimate revisions suggests that the upward momentum may not continue. This creates a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100