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News  ›  Benzinga

Honeywell Aerospace, Automation Split Raises Investor Concerns; Analyst Warns Shares Could Lag Peers

Benzinga Logo Benzinga By Lekha Gupta
Honeywell Aerospace, Automation Split Raises Investor Concerns; Analyst Warns Shares Could Lag Peers

Bank of America Securities downgraded Honeywell International from Buy to Underperform, citing challenges in its planned portfolio reorganization and concerns about lagging EPS growth and margin performance.

Insights
HON   negative

Analyst downgraded stock due to projected weak EPS growth (7% vs peers' 13%), declining EBITDA margins, challenges in portfolio reorganization, and underperformance in Aerospace segment