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Enter Symbol:
 
Honeywell International Inc. (HON) [hlAlert]

Rating:
Hold HON

Honeywell International Inc. (HON) rated Hold with price target $34 by Citigroup

Posted on: Monday,  Apr 27, 2009  8:25 AM ET by Citigroup

Honeywell (HON) rated
Hold with price target $34 by Citigroup.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers globally with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, and process technology for refining and petrochemicals and energy efficient products and solutions for homes, business and transportation. The Company operates in four business segments: aerospace, automation and control solutions, specialty materials, and transportation systems. During the year ended December 31, 2008, the Company completed the acquisition of Safety Products Holding, Inc. (Norcross) and Metrologic Instruments, Inc. In July 2008, B/E Aerospace, Inc. announced that it has completed the acquisition of Honeywell?s Consumables Solutions distribution business (HCS) within the Aerospace segment.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/27/2009 8:25 AM Hold
None
30.54 34.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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