Barclays analyst Julian Mitchell lowered the firm’s price target on Honeywell (HON) to $255 from $275 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 earnings preview. The sector faces “more demand question marks” but expectations are “somewhat re-based,” the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HON: