Honeywell Aerospace (NASDAQ:HONA) Upgraded at BNP Paribas Exane

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

A number of other brokerages have also weighed in on HONA. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a report on Monday. Wells Fargo & Company initiated coverage on Honeywell Aerospace in a research report on Wednesday. They set an “equal weight” rating and a $250.00 target price for the company. Jefferies Financial Group initiated coverage on Honeywell Aerospace in a research note on Monday. They set a “hold” rating and a $235.00 price target on the stock. Wolfe Research began coverage on Honeywell Aerospace in a report on Monday. They issued a “hold” rating on the stock. Finally, Vertical Research began coverage on Honeywell Aerospace in a research report on Wednesday. They issued a “hold” rating and a $243.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Honeywell Aerospace has an average rating of “Hold” and a consensus target price of $244.60.

Honeywell Aerospace Stock Performance

HONA opened at $227.29 on Tuesday. Honeywell Aerospace has a 1-year low of $200.00 and a 1-year 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.