Morgan Stanley Initiates Equal-Weight Rating on New Honeywell Aerospace Stock
Following its spinoff from Honeywell International in late June 2026, Honeywell Aerospace (HONA) has attracted coverage from multiple analysts. Morgan Stanley initiated an equal-weight rating with a $255 price target for HONA, aligning it with the market consensus that views the stock as fairly valued but without immediate growth potential.
Topics: aerospace industry Honeywell Aerospace Morgan Stanley stock ratings