UBS Reiterates Its ‘Buy’ Rating on Honeywell International Inc. (HON) with a $268 Price Target

Honeywell International Inc. (NASDAQ:HON) is one of the 13 Best Diversified Stocks to Buy According to Hedge Funds.

UBS Reiterates Its ‘Buy’ Rating on Honeywell International Inc. (HON) with a $268 Price Target

On September 17, 2025, UBS reiterated its ‘Buy’ rating on Honeywell International Inc. (NASDAQ:HON) with a $268 price target. This comes as the company undertakes a major transformation aimed at emerging as a pure-play building and industrial automation company.

The investment firm cited Honeywell International Inc. (NASDAQ:HON)’s Solstice spin-off, alongside the projected Aerospace spin-off around the same time next year. The anticipated aerospace spin-off is expected to generate over $20 billion in revenue for the remaining company and support 5%+ growth through the business cycle.

Furthermore, UBS noted margin expansion opportunities within the company’s Industrial Automation business, as the restructuring could help Honeywell International Inc. (NASDAQ:HON) close its long-standing performance gap with industrial peers.

Operating across the U.S., Europe, and other international markets, Honeywell International Inc. (NASDAQ:HON) develops aerospace technologies, industrial and building automation, and energy and sustainable solutions. It is one of the Best Diversified Stocks.

While we acknowledge the potential of HON to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HON and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.