Jefferies lowered the firm’s price target on Honeywell Aerospace (HONA) to $175 from $235 and keeps a Hold rating on the shares. The firm says the company’s’ 2026 guidance cut to sales was difficult to predict in its first quarter. Jefferies cut estimates for Honeywell Aerospace, saying the company’s first standalone quarter brings hesitancy to how much work is required between now and its 2030 targets.

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