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Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View
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Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View
Honeywell closed at $220.31, up 0.54%, as investors await the June 15 record date and June 29 spin-off of Honeywell Aerospace, with the company targeting $2–$4 billion automation acquisitions and aiming for 4–6% organic growth, over 10% annual earnings growth, and a margin expansion post-breakup; analysts see upside, but valuation and spin-off execution risks remain. The post Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in Vie…
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