Honeywell International Inc. (NASDAQ: HON) is one of the 10 Best Drone Stocks to Buy Right Now. BofA downgraded its rating to Underperform from Buy on November 18, with a lowered price target of $205. The company plans to separate its Aerospace and Automation businesses by mid-2026.

Despite BofA’s concerns, analysts see a 27% upside potential for Honeywell International Inc. (HON). The company recently completed the spin-off of its Advanced Materials business and appointed a new President and CEO for Honeywell Aerospace. The stock has a one-year average share price target of $241.67, with over half of analysts giving it a Buy rating or higher.

Honeywell International Inc. (HON) announced plans to separate Automation and Aerospace Technologies earlier this year, with a goal of creating three separate publicly listed companies by the second half of 2026. The stock is down 11% year-to-date as of November 26.

While Honeywell International Inc. (HON) helps organizations in aviation, automation, and energy transition, some analysts believe there are better investment opportunities in AI stocks with greater potential upside and lower risks. The stock is seen as undervalued, but investors may want to explore other options in the market.

Read more at Yahoo Finance: Analysts See 27% Upside Potential For Honeywell International Inc. (HON)