February 3, 2023

UBS Upgrades This Fortune 100 Technology Company – Honeywell International Inc. (HON)

Analyst Downgrades Honeywell Over Supply Chain Headwinds, Sluggish Defense Market

Honeywell International Inc (NYSE: HON) shares dropped 1.7% on Wednesday after the stock got hit by a Wall Street downgrade.

The Analyst: Bank of America analyst Andrew Obin downgraded Honeywell from Buy to Neutral and cut his price target for $270 to $245.
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