Honeywell International’s (HON) stock hit a new 52-week high after Wolfe Research upgraded it to “outperform” with a $293 price target. The company recently beat quarterly earnings and revenue estimates, maintaining a “Moderate Buy” consensus rating among analysts. Despite positive analyst sentiment and strong financial performance, insiders have been net sellers of the stock.
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Honeywell International (NASDAQ:HON) Hits New 52-Week High After Analyst Upgrade
Honeywell International’s (HON) stock hit a new 52-week high after Wolfe Research upgraded it to “outperform” with a $293 price target. The company recently beat quarterly earnings and revenue estimates, maintaining a “Moderate Buy” consensus rating among analysts. Despite positive analyst sentiment and strong financial performance, insiders have been net sellers of the stock.