Honeywell Aerospace price target lowered to $175 from $235 at Jefferies

Honeywell Aerospace shares plunge 26% as supply woes trigger forecast cuts

Honeywell Aerospace cuts 2026 forecast to 4%-5% from 7%-9% as supply constraints force Boeing/Airbus prioritization over aftermarket. Supply bottleneck signals tier-1 suppliers face margin squeeze—headwind for aerospace growth and investor confidence.