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Fly News Breaks for July 25, 2016
HON
Jul 25, 2016 | 08:28 EDT
After Honeywell reported higher than expected Q2 EPS but lower than expected revenue and the stock fell 2.5%, Bernstein analyst Steven Winoker says that the company is poised to increase its margins further. He thinks that the stock's valuation is attractive, and he keeps a $135 price target and Outperform rating on the shares.