The company's aerospace, automation, and renewable energy trends are believed to unlock growth. Honeywell has also made several key acquisitions such as Air Products' LNG process business and Carrier's Global Access Solutions Unit. More recently, Honeywell has expanded its autonomous operations offering in the aerospace sector with its acquisition of Civitanavi systems.
Analysts are optimistic about Honeywell's stock, and it has been upgraded to a buy by several. It has also set a new 12-month high at $218.64. Despite dips in the wider market, Honeywell continues to rise and investors are urged to pay attention to its significant growth.
Honeywell International HON News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 15:42:21 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -2