Honeywell Shares Soar 2.35% On Bullish Analyst Targets

Generated by AI AgentAinvest Movers Radar
Friday, May 16, 2025 7:01 pm ET1min read

Honeywell (HON) shares surged 2.35% today, reaching their highest level since February 2025 with an intraday gain of 2.67%.

Honeywell International Inc. (HON) reached a new high stock price of $242.77 on May 12, 2025. We can analyze the stock price performance over the next 1 week, 1 month, and 3 months after a new High reached.

1 Week After the High: The stock price decreased by 1.47% to $239.07.

1 Month After the High: The stock price increased by 3.68% to $247.56.

3 Months After the High: The stock price increased by 6.61% to $262.47.

JP Morgan recently raised its price target for

from $182.00 to $217.00, which could positively influence the stock's price. This move, along with Mizuho's increase in its price target from $235 to $250 while maintaining an Outperform rating, has contributed to a bullish sentiment among investors. Additionally, Paulson & Co's strategic decision to take a new stake in Honeywell during the first quarter of 2025 indicates strong investor confidence, potentially driving the stock's value higher. The analysis showing a positive momentum trend based on the stock's 50-day and 200-day moving averages further supports favorable conditions for Honeywell's stock price.


Comments



Add a public comment...
No comments

No comments yet