Analysts See 27% Upside Potential For Honeywell International Inc. (HON)

Honeywell International Inc. (NASDAQ:HON) is among the 10 Best Drone Stocks to Buy Right Now. On November 18, BofA downgraded the stock’s standing to Underperform from Buy and slashed its terms people from $265 to $205.

BofA analysts, led by Andrew Obin, noted the company’s ongoing portfolio reshuffle, with plans to abstracted the Aerospace and Automation businesses by mid-2026. BofA said that portion specified a ‘simplification’ would mostly beryllium beneficial for immoderate firm, it sees a ‘challenging’ way ahead.

On October 30, Honeywell International Inc. (NASDAQ:HON) announced that the spin-off of its Advanced Materials concern had been completed, and a week later, it appointed Jim Currier arsenic President and CEO of Honeywell Aerospace, which would go an autarkic institution by the 2nd fractional of adjacent year.

Neither announcement was good received by investors, according to BofA analysts, who added that the anticipation of insignificant EPS maturation adjacent twelvemonth would besides unit shares.

In February this year, the concern conglomerate announced it would abstracted Automation and Aerospace Technologies, and rotation disconnected Advanced Materials, to make 3 abstracted publically listed companies by the 2nd fractional of 2026.

Despite BofA’s downgrade, the banal has a one-year mean stock terms people of $241.67 arsenic of the adjacent connected November 26, representing an upside imaginable of 27.20%. Moreover, much than fractional of the 23 Wall Street analysts covering Honeywell International Inc. (NASDAQ:HON) person a Buy standing oregon higher.

Honeywell International Inc. (NASDAQ:HON) helps organizations code their astir analyzable challenges successful aviation, automation, and vigor transition. The banal is down 11% year-to-date, arsenic of the adjacent connected November 26.

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