BNP Paribas Exane Upgrades Honeywell Aerospace (NASDAQ:HONA) to “Hold”

Honeywell Aerospace (NASDAQ:HONA) was upgraded by stock analysts at BNP Paribas Exane to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms have also weighed in on HONA. Jefferies Financial Group started coverage on Honeywell Aerospace in a research report on Monday. They set a “hold” rating and a $235.00 price objective for the company. TD Cowen initiated coverage on Honeywell Aerospace in a report on Monday. They issued a “hold” rating and a $250.00 target price on the stock. Vertical Research assumed coverage on Honeywell Aerospace in a research note on Wednesday. They issued a “hold” rating and a $243.00 target price on the stock. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a report on Monday. Finally, Wells Fargo & Company began coverage on Honeywell Aerospace in a research report on Wednesday. They issued an “equal weight” rating and a $250.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $244.60.

Honeywell Aerospace Trading Up 2.8%

HONA stock opened at $227.29 on Tuesday. Honeywell Aerospace has a 52-week low of $200.00 and a 52-week high of $297.50.

Honeywell Aerospace is a business unit of Honeywell that provides technology, systems, and services for the aviation industry. Its offerings are used across commercial aviation, defense, and space applications and include avionics, engines and propulsion components, cockpit and navigation systems, auxiliary power units, and other aircraft systems designed to improve safety, efficiency, and performance.

The business supports a wide range of customers, including aircraft manufacturers, airlines, military organizations, and maintenance providers.