Honeywell International Inc

NASDAQ:HONUnited States

Nov 13, 2024

Show headlines and story abstract

• DJ Honeywell Gets New Bull Who Doesn't Like Complexity -- Market Talk, from 2:34PM ET on Wednesday Nov 13, 2024 by Dow Jones

  2:34PM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: HON
  
  1434 ET - Honeywell International's new bullish analysts seem to share one view with the company's activist investor: The company's too complicated. UBS analysts say in a research note that the company is moving in the right direction strategically by reducing its complexity and divesting part of the business. They initiate coverage with a buy rating, arguing a simpler business will increase the company's performance and increase the stock's multiple. Activist investor Elliott had similar complaints about complexity in its letter to the company's board after taking a $5 billion stake. The analysts don't mention the activist investor or its proposal to further split up Honeywell. The company's shares are flat Wednesday. (ben.glickman@wsj.com; @benglickman)
  

• DJ Honeywell Intl Coverage Assumed by UBS at Buy vs Previous Rating of Neutral, from 1:50PM ET on Wednesday Nov 13, 2024 by Dow Jones

  1:50PM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: HON
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/HON/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 13, 2024 13:50 ET (18:50 GMT)
  

• DJ Honeywell Intl Is Maintained at Equal-Weight by Wells Fargo, from 12:44PM ET on Wednesday Nov 13, 2024 by Dow Jones

  12:44PM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: HON
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/HON/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 13, 2024 12:44 ET (17:44 GMT)
  

• --UBS Upgrades Honeywell International to Buy From Neutral, Raises Price Target to $298 From $215, from 11:38AM ET on Wednesday Nov 13, 2024 by MT Newswires

  11:38AM ET on Wednesday Nov 13, 2024 by MT Newswires
  Companies Mentioned: HON
  11:38 AM EST, 11/13/2024 (MT Newswires) -- Honeywell International (HON) has an average outperform rating and price targets ranging from $197 to $274, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic re...