Barclays raised Honeywell International Inc. (HON) price target from $265 to $270 with an Overweight rating after Q3 results. Sales reached $10.4 billion, up 7%, beating guidance. EPS was $2.86 and Adjusted EPS was $2.82, orders up 22%. Aerospace and Energy sectors drove growth, prompting an increased full-year guidance.
Barclays highlighted strong performance in Honeywell’s aerospace business, predicting a rise in company value due to robust organic growth. Honeywell International Inc. (HON) is a multinational corporation offering advanced technologies and solutions in various sectors like Aerospace Technologies and Energy Solutions.
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Read more at Yahoo Finance: Barclays Raises Honeywell (HON) PT After Q3 Earnings
