Major Bank Rating | Bank of America: Raises Honeywell Target Price to $265, Upgrades Rating to "Neutral"

Glonghui, July 28｜Bank of America Securities upgraded the rating of Honeywell from “Underperform” to “Neutral”, and raised the target price from $205 to $265. The firm noted that the company's execution has significantly improved and its order growth has accelerated across the board, greatly boosting market confidence in its growth prospects for the second half of the year.