Honeywell: Honeywell Aerospace price target lowered to $235 from $255 at Morgan Stanley

Morgan Stanley lowered the firm's price target on Honeywell Aerospace ( HONA ) to $235 from $255 and keeps an Equal Weight rating on the shares. Aerospace and defense fundamentals remain constructive heading into Q2 earnings, but recent volatility and valuation changes demand greater selectivity, the analyst tells investors in a preview for the group. TipRanks Welcomes a New ETF - NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index , a rules-based index of 50 large U.S. companies. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>