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RBC Capital upgrades Honeywell (HON) to Outperform from Sector Perform, saying the firm's...

RBC Capital upgrades Honeywell (HON) to Outperform from Sector Perform, saying the firm's planned adjustment to its pension accounting makes it "a far more attractively valued company." Price target raised to $58 from $50. HON +1.1% to $48.68.
Comments (1)
  • "...saying the firm's planned adjustment to its pension accounting makes it "a far more attractively valued company..."

     

    (Disclosure: Don't own Honeywell. just know them.)

     

    sell a few thermostats. The pensioners will make do...
    17 Nov 2010, 11:28 AM Reply Like
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