This Dividend Stock is Soaring After Earnings, but Still Has Room to Run
Honeywell International (NASDAQ: HON) stock soared higher last week after reporting better-than-expected Q1 2023 earnings. The stock is hovering around the $200-per-share mark and is now down just 11% from its all-time high.
Despite the earnings beat, Honeywell has a long way to go if it wants to return to meaningful growth. Here's where the giant conglomerate stands today, where it could be headed, and why the stock is a good buy now.
Source Fool.com
Honeywell International Stock
€188.92
0.650%
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Honeywell International.
As a result the target price of 214 € shows a slightly positive potential of 13.28% compared to the current price of 188.92 € for Honeywell International.