Honeywell Aerospace (NASDAQ:HONA) Raised to Hold at Wall Street Zen

Honeywell Aerospace (NASDAQ:HONA) was upgraded by equities research analysts at Wall Street Zen to a “hold” rating in a report issued on Sunday.

A number of other research firms also recently issued reports on HONA. Melius Research raised Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. TD Cowen initiated coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $250.00 target price for the company. Morgan Stanley assumed coverage on shares of Honeywell Aerospace in a report on Wednesday. They issued an “equal weight” rating and a $255.00 target price for the company. Wolfe Research initiated coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating on the stock. Finally, Jefferies Financial Group started coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $235.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $253.78.

Honeywell Aerospace Trading Down 1.1%

Shares of NASDAQ:HONA traded down $2.37 during mid-day trading on Friday, reaching $220.75. The stock had a trading volume of 1,925,507 shares, compared to its average volume of 3,060,334. Honeywell Aerospace has a 1 year low of $200.00 and a 1 year high of $297.50.

Honeywell Aerospace is a business segment of Honeywell that develops and manufactures aerospace products and services for commercial, defense, and space applications. Its portfolio includes avionics, propulsion systems, aircraft engines and auxiliary power units, navigation and flight control systems, wheels and brakes, and related software and connectivity solutions.

The company serves a broad range of customers across the aviation industry, including aircraft manufacturers, airlines, military organizations, and maintenance providers.