Jefferies and Barclays Lower Price Targets for Honeywell Following Q1 Results
Following the first-quarter results, Jefferies reduced its price target for Honeywell (HON) to $240 from $245 while maintaining a Hold rating. Similarly, Barclays cut its price goal to $243 from $255 and kept an Overweight stance. Both firms cited concerns over the aerospace segment's performance.
Topics: Aerospace Analyst Downgrade Dividend Stocks Honeywell Investment Analysis