Category: Markets
Published: 2026-07-07T12:49:40.000Z
JPMorgan Chase & Co. has decreased its price target for Honeywell International (NASDAQ:HON) from $260.00 to $250.00, while maintaining an "overweight" rating, suggesting an 8.14% upside. This adjustment comes amidst mixed but generally positive analyst sentiment, with Honeywell's Q1 earnings beating estimates but revenue falling short. The article also highlights recent developments including Honeywell's launch of an AI-enabled control system and its spin-off Solstice Advanced Materials' significant acquisition, indicating strategic shifts towards automation and advanced materials.
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