Honeywell Aerospace (NASDAQ:HONA) Now Covered by Analysts at Wells Fargo & Company

Stock analysts at Wells Fargo & Company initiated coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a report released on Wednesday. The firm set an “equal weight” rating and a $250.00 price target on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 8.75% from the stock’s previous close.

Honeywell Aerospace Trading Up 4.0%

HONA stock traded up $8.80 during mid-day trading on Wednesday, reaching $229.88. The company’s stock had a trading volume of 1,375,568 shares, compared to its average volume of 1,734,886. Honeywell Aerospace has a fifty-two week low of $200.00 and a fifty-two week high of $297.50.

Honeywell Aerospace is a business unit of Honeywell that provides technology, systems, and services for the aviation industry. Its offerings are used across commercial aviation, defense, and space applications and include avionics, engines and propulsion components, cockpit and navigation systems, auxiliary power units, and other aircraft systems designed to improve safety, efficiency, and performance.

The business supports a wide range of customers, including aircraft manufacturers, airlines, military organizations, and maintenance providers.