Honeywell: Honeywell price target lowered to $247 from $251 at Barclays

Barclays analyst Julian Mitchell lowered the firm's price target on Honeywell ( HON ) to $247 from $251 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 preview. It sees revenue and margin pressure alongside lower investor expectations. Light Up your Portfolio with Spark: Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>