Honeywell International Reaches Analyst Target Price
September 29, 2020 at 07:56 AM EDT
In recent trading, shares of Honeywell International Inc (HON) have crossed above the average analyst 12-month target price of $163.54, changing hands for $164.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..