Honeywell Aerospace (NASDAQ:HONA) Upgraded to “Hold” at Wall Street Zen

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

Other equities analysts also recently issued research reports about the stock. Vertical Research started coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. Jefferies Financial Group assumed coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $235.00 target price for the company. Morgan Stanley began coverage on shares of Honeywell Aerospace in a research report on Wednesday. They issued an “equal weight” rating and a $255.00 price target on the stock. Wells Fargo & Company started coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They set an “equal weight” rating and a $250.00 price target on the stock. Finally, Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. One 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. According to MarketBeat, Honeywell Aerospace presently has an average rating of “Hold” and a consensus target price of $253.78.

Honeywell Aerospace Price Performance

NASDAQ:HONA traded down $2.37 on Friday, hitting $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 52-week low of $200.00 and a 52-week 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.