The Zhitong Finance App learned that Goldman Sachs released a research report to maintain a “neutral” rating for Honeywell Aerospace Inc. (HONA.US), with a target price of 190 US dollars. The bank pointed out that HONA's revenue for the third quarter of fiscal year 2026 and adjusted profit before interest and tax (EBIT) both exceeded market consensus, and free cash flow was higher than expected, but organic growth was still relatively slow, and supply chain constraints and corporate reinvestment put pressure on profit margins. Goldman Sachs believes that the company's efforts to reverse the operating situation may drive fundamentals to accelerate in the future, but better growth and profit margins may still take several quarters to appear.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that Goldman Sachs released a research report to maintain a “neutral” rating for Honeywell Aerospace Inc. (HONA.US), with a target price of 190 US dollars. The bank pointed out that HONA's revenue for the third quarter of fiscal year 2026 and adjusted profit before interest and tax (EBIT) both exceeded market consensus, and free cash flow was higher than expected, but organic growth was still relatively slow, and supply chain constraints and corporate reinvestment put pressure on profit margins. Goldman Sachs believes that the company's efforts to reverse the operating situation may drive fundamentals to accelerate in the future, but better growth and profit margins may still take several quarters to appear.
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