Jefferies raises price target on Honeywell International Inc. (HON) to $240, citing solid quarter with 6% organic growth and 2026 guidance of 3% to 6%. CEO Vimal Kapur highlights strong results, exceeding expectations with orders up 23% and backlog exceeding $37 billion. Company reorganized into four segments and plans to divest certain units. Honeywell also makes progress in quantum computing with Quantinuum. Portfolio supported by Honeywell Accelerator system and Forge platform across multiple industries. While HON shows potential, some AI stocks may offer greater upside.

Read more at Yahoo Finance: Jefferies Sees Steady Performance at Honeywell International Inc. (HON), Raises PT to $240