BofA Upgrades Honeywell to Neutral, Lifts Price Target After Strong Q2 Results
BofA Securities moved Honeywell Technologies from Underperform to Neutral and raised its price target to $265 from $205 after the company delivered stronger-than-expected second-quarter results, beat BofA's EPS estimate, and provided an upgraded full-year 2026 outlook. The brokerage pointed to broad-based order growth, a healthier backlog and impro…