Honeywell, ITT, Eaton See Bright Outlook As BofA Securities Cites Military Spending, Aftermarket Growth

1. BofA's Obin held bullish meetings with Honeywell and peers at the Paris Air Show. 2. Honeywell targets mid-to-high single-digit growth in aerospace, focusing on aftermarket. 3. Defense spending momentum in Europe boosts outlook for Honeywell and other companies. 4. Obin maintains Buy ratings for Honeywell and competitors amid solid industry trends. 5. Honeywell’s long-term margin target remains steady at 29% for the aerospace sector.