Honeywell Likely To Report Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Honeywell International Inc. HON is expected to report its second-quarter financial results, before the opening bell on July 27, 2023.

Analysts expect the company to post quarterly earnings at $2.21 per share, up from year-ago earnings of $2.1 per share. The company’s revenue might come in at $9.17 billion.

Honeywell shares fell 0.7% to close at $208.26 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Morgan Stanley analyst Joshua Pokrzywinski maintained an Equal-Weight rating and raised the price target from $213 to $219 on May 1, 2023. This analyst has an accuracy rate of 73%.
• Citigroup analyst Andrew Kaplowitz maintained a Buy rating and boosted the price target from $240 to $242 on April 28, 2023. This analyst has an accuracy rate of 81%.
• Deutsche Bank analyst Nicole Deblase maintained a Buy rating and cut the price target from $235 to $228 on April 12, 2023. This analyst has an accuracy rate of 74%.
• JP Morgan analyst Stephen Tusa maintained an Overweight rating on the stock and raised the price target from $205 to $215 on Feb. 3, 2023. This analyst has an accuracy rate of 70%.
• Baird analyst Peter Arment maintained an Outperform rating on the stock and raised the price target from $202 to $225 on Oct. 31, 2022. This analyst and has an accuracy rate of 73%.

Read This Next: Top 5 Tech Stocks That May Crash This Month