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

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

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

Honeywell Aerospace Trading Up 2.8%

Shares of NASDAQ:HONA opened at $227.29 on Tuesday. Honeywell Aerospace has a 52-week low of $200.00 and a 52-week 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.