Barclays Upgrades Honeywell's Price Target, Citing Impending Spinoffs
Barclays raised its price target for Honeywell (NASDAQ:HON) to $251 from $243 and reiterated an Overweight rating. The firm highlighted upcoming capital markets days and two planned spinoffs as key catalysts with potential for a 10%-15% stock upside.
Tickers: $HON
Topics: capital allocation spinoff strategy stock recommendation