$HONA

HONA Aerospace reported supply chain delays and a growing backlog of $18B, leading to a guidance cut. Morgan Stanley maintained an overweight rating with a $205 target, citing attractive valuation. Investors expressed mixed views on leadership and long-term opportunities. Institutional investors, including BlackRock and Morgan Stanley, significantly increased their positions in Q2 2026. Analysts' price targets for HONA range from $235 to $276.

Morgan Stanley upgraded Honeywell Aerospace (HONA) stock, citing potential upside. The consensus rating is 'Moderate Buy' with a mean price target of $224, suggesting nearly 30% upside over the next 12 months, according to Barchart.

Honeywell Aerospace (HONA) completed a $16b debt exchange, swapping unregistered senior notes for registered ones. Shares are down 17% in the past month and year-to-date. HONA trades at a P/E of 27x, lower than peers and industry averages, with a DCF model estimating a future cash flow value of $255.26 per share, suggesting a 35% discount to its fair value.

Morgan Stanley upgraded Honeywell Aerospace (HONA) to Overweight, citing a 27% stock decline since its June spinoff as an attractive entry point despite risks. The bank maintained a $205 price target.

Morgan Stanley upgraded Honeywell Aerospace (HONA) to overweight, citing a 28% upside to $205. Despite concerns over growth and margins, the bank sees the stock's valuation as too cheap, trading at a 35% discount to peers. Shares have fallen 24% in a month and 27% since the June spin-off from Honeywell.

Analysts upgraded several companies: Morgan Stanley upgraded Honeywell Aerospace (HONA) to Overweight with a $205 target, Neptune Insurance (NP) to Overweight with a $36 target, and TWFG (TWFG) to Overweight with a $30 target. Northland Capital upgraded Ciena (CIEN) to Outperform with a $500 target. Argus Research upgraded APA Corp (APA) to Buy with a $48 target.

Morgan Stanley downgraded Baidu (BIDU) to Underweight with an $80 target, while upgrading Honeywell Aerospace (HONA) to Overweight with a $295 target. Markets fell Tuesday, led by the Nasdaq's 1.33% drop, amid higher Treasury yields and Middle East tensions. Treasury yields fell as buyers entered the market, potentially removing a September rate hike. Oil prices rose modestly, and gold and silver declined.

Honeywell Aerospace (HONA) stock rose 2.8% in pre-market trading to $165.20 after Morgan Stanley upgraded its rating to Overweight with a $205 price target, citing attractive valuation and a significant discount to peers. The stock has fallen 27% since its June 2026 spin-off, trading at 16.8x 2028 P/FCF and 11.4x 2028 EV/EBITDA.

Jim Cramer discussed Honeywell Aerospace Inc. (HONA) after its Aug. 6 drop following Q2 results released Aug. 5. He said the company missed due to being overly hopeful about supply chain issues and delayed disclosure. HONA also cut its full-year 2026 organic sales growth forecast to 4% to 5% from 7% to 9%, and CFO noted investments may weigh on near-term performance.

Honeywell Aerospace said it has completed an exchange offer for its senior notes, according to the company. The update follows a prior announcement of the offer’s completion and may affect the company’s debt structure and investor holdings of the exchanged notes.