Evercore ISI Sticks to Their Buy Rating for Honeywell International (HON)
Evercore ISI analyst Alexander Virgo maintained a Buy rating on Honeywell International today and set a price target of $265.00.
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Virgo covers the Industrials sector, focusing on stocks such as Trane Technologies, Honeywell International, and Johnson Controls. According to TipRanks, Virgo has an average return of 5.3% and a 59.70% success rate on recommended stocks.
In addition to Evercore ISI, Honeywell International also received a Buy from RBC Capital’s Deane Dray in a report issued today. However, on June 10, Bernstein assigned a Hold rating to Honeywell International (NASDAQ: HON).
Based on Honeywell International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $9.14 billion and a net profit of $821 million. In comparison, last year the company earned a revenue of $9.82 billion and had a net profit of $1.45 billion
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- Ahead of split, both Honeywell companies worth owning, says Barron’s
- Honeywell sees FY26 adjusted EPS $3.95-$4.15
- Honeywell sees 4%-6% organic growth over next three years
- Honeywell says driving towards 10%+ adjusted annual EPS growth through 2029
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