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Honeywell International (NASDAQ:HON) Now Covered by Analysts at BMO Capital Markets
BMO Capital Markets initiated coverage on Honeywell International (NASDAQ:HON) with an “Outperform” rating and a $273 price target, representing a potential upside of over 21%. This new coverage contributes to a consensus “Moderate Buy” rating for HON, with an average price target of $252.54 across analysts. The report highlights Honeywell’s strong quarterly performance, defense framework agreements, and the anticipated aerospace spin-off as key growth drivers, despite recent insider share sales.