By: Benzinga
December 10, 2012 at 12:10 PM EST
J.P. Morgan Reiterates Overweight Rating on Honeywell International
In a report published Monday, J.P. Morgan & Co. reiterated its Overweight rating on Honeywell International (NYSE: HON ). J.P. Morgan noted, “Initial 2013 guidance is an in-line event despite lower organic growth, reinforcing our view of best-in-class ‘EPS leverage' in a tough economy on the back of margin opportunity
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