Barclays lifts Honeywell PT citing short-cycle industrial demand prospects

Barclays raises industrial and aerospace company Honeywell HON.O PT to $265 from $258, maintains "overweight" rating

New PT at a premium of 10.5% to the stock's last close

Says HON appears well-positioned to raise the lower end of its 2025 EPS guidance, given a resilient demand in its shorter-cycle businesses

Says co's strong aerospace and defense exposure, combined with cyclical upside in industrial automation, supports a growth-oriented narrative

16 of 28 brokerages rate the stock "buy" or higher, 12 "hold"; their median PT is $242.69 - data compiled by LSEG

As of last close, stock had risen 6.2% YTD