Research analysts at TD Cowen initiated coverage on shares of Honeywell Aerospace (NASDAQ:HONA – Get Free Report) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “hold” rating and a $250.00 price target on the stock. TD Cowen’s target price points to a potential upside of 10.49% from the stock’s previous close.
A number of other brokerages have also issued reports on HONA. BNP Paribas Exane set a $245.00 target price on Honeywell Aerospace and gave the stock a “neutral” rating in a research report on Tuesday. Jefferies Financial Group set a $235.00 target price on shares of Honeywell Aerospace and gave the stock a “hold” rating in a report on Monday. Vertical Research started coverage on shares of Honeywell Aerospace in a research note on Wednesday. They issued a “hold” rating for the company. Finally, Wells Fargo & Company initiated coverage on shares of Honeywell Aerospace in a research report on Wednesday. They set an “equal weight” rating and a $250.00 price objective on the stock. Six investment analysts have rated the stock with a Hold rating, According to MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus price target of $245.00.
Read Our Latest Stock Analysis on HONA
Honeywell Aerospace Stock Performance
Honeywell Aerospace is a business unit of Honeywell that provides technology, systems, and services for the aviation industry. Its offerings are used across commercial aviation, defense, and space applications and include avionics, engines and propulsion components, cockpit and navigation systems, auxiliary power units, and other aircraft systems designed to improve safety, efficiency, and performance.
The business supports a wide range of customers, including aircraft manufacturers, airlines, military organizations, and maintenance providers.
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