Market Overview

UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on Honeywell International

Related HON
Markets Lower As Geopolitical Uncertainty Continues
#PreMarket Primer: Monday, July 21: West Warns Russia 'For The Last Time'
IHS: Millions Will Have Smart Homes by 2018 (Fox Business)

In a report published Monday, Morgan Stanley reiterated its Overweight rating on Honeywell International (NYSE: HON), and raised its price target from $71.00 to $73.00.

Morgan Stanley noted, “The combination of true portfolio diversification and proactive restructuring is allowing HON to meet/exceed expectations during these tough times. Keep on delivering and the premium will likely follow. Reiterate OW, but we have raised our target from $71 to $73.”

Honeywell International closed on Friday at $62.49.

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (HON)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free