Honeywell Set To Soar? Analyst Says Smart Price Hikes, Solid Backlog, M&A Could Drive Big Gains

1. BofA analyst raised HON price target from $250 to $275. 2. Honeywell expected to outperform in Q2 2025 earnings. 3. Analyst cites conservative guidance with potential for upward revision. 4. Record backlog of $36.1 billion indicates strong forward revenue visibility. 5. Strategic M&A may enhance HON's growth and margins.