Morgan Stanley Initiates Equal-Weight Rating on Honeywell Aerospace Post-Spinoff
Honeywell Aerospace (HONA) became a publicly traded company after spinning off from Honeywell International in June 2026. Morgan Stanley initiated coverage with an equal-weight rating and a $255 price target, aligning with the market consensus that HONA is trading at fair value but offers limited immediate growth potential.
Topics: aerospace industry Honeywell Aerospace investment analysis Morgan Stanley