"The upgrade came after HON posted quarterly numbers that were better than expectations. Adjusted EPS of $2.82 on revenue of $10.41 billion was better than expectations for $2.57 per share on revenue of $10.14 billion. "The analyst applauded this solid quarter and highlighted that it marks the start of a catalyst-rich period ahead of Honeywell's planned separation of its aerospace segment in the second half of 2026," as noted by CNBC."
"Analysts at JPMorgan reiterated an outperform rating on Alphabet ( NASDAQ: GOOG) with a price target of $300 per share. As noted by Investing.com, "The firm notes that Alphabet is the second-best performing 'Mag 7' name year-to-date, up 37% and 80% from April lows, compared to the S&P 500's 15% and 36% gains respectively. JPMorgan cites the favorable outcome in the DOJ Search Commercial Agreement trial as removing a major overhang, while highlighting Google's strong financial performance and AI innovation.""
"The firm says Apple is heading into earnings with greater positives than at any other time in the last year. The firm is also bullish on iPhone sales. Analysts at Guggenheim just upgraded Microsoft ( NASDAQ: MSFT) to a buy rating ahead of earnings, noting that MSFT is well-positioned for artificial intelligence. The firm has a price target of $586, which is 12% higher than current prices."
Honeywell posted stronger-than-expected quarterly results with adjusted EPS of $2.82 and revenue of $10.41 billion, prompting RBC to upgrade the stock and noting catalysts including a planned aerospace separation in second-half 2026. JPMorgan reaffirmed an outperform on Alphabet with a $300 price target, citing strong YTD performance, favorable DOJ trial outcome, and AI innovation. JPMorgan also reiterated an overweight on Apple with a $290 target and bullish iPhone outlook. Guggenheim upgraded Microsoft to buy with a $586 target, highlighting AI positioning. Truist upgraded Booking Holdings to buy, saying secular downside fears are overdone. The Fed is expected to cut rates.
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