Is Honeywell Stock a Buy?
Wall Street is falling in love with Honeywell International (NYSE: HON) stock. That's the key conclusion drawn from the latest round of analyst upgrades and price target hikes from heavyweights like J.P. Morgan, Deutsche Bank, Barclays, and Morgan Stanley. What's going on, and should investors follow Wall Street's lead?
The company's prospects are improving this year, and there's anecdotal and hard industry evidence that many of its end markets will grow in 2021. Honeywell's business portfolio was hit hard by the pandemic, and as the recovery takes form, it's highly likely to be a significant beneficiary.
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Source Fool.com
