S&P 5007,509.20▲0.9% Nasdaq25,837.21▲1.3% Dow52,224.64▲0.7% Russell 2K2,987.40▲1.5% 10-Yr4.63%+3bp VIX17.55+0.50 WTI$87.52▲3.1% Gold$4,117.00▲1.1% EUR/USD1.141▼0.0% BTC$65,078▼1.6% Nikkei66,116▼0.2%
At close · Wed, Jul 22, 2026
Daily Market Updates.

Earnings

Home›Earnings›Previews›Honeywell Technologies shares rally after strong quart…

Honeywell Technologies shares rally after strong quarter and raised guidance

CNBC Earnings said the company also raised its outlook and the move helped sentiment after its spinoff, supporting a higher price target.

Reported · Written up by our desk · Previews

Honeywell Technologies drew attention during a market selloff after the industrial automation company posted what CNBC Earnings characterized as a strong quarter.

According to CNBC Earnings, the company also raised guidance, a change that added optimism following its spinoff and helped it stand out versus broader weakness.

CNBC Earnings added that the positive results and updated outlook prompted investors to look through the near term with greater confidence, contributing to a higher price target.

← Newer storyAlphabet and Tesla shares plunge on AI spending fears

More like this

EarningsAlphabet earnings set up a test for the Magnificent Seven trade
EarningsCramer defends Apple amid AI criticism ahead of July 30 earnings
EarningsAST SpaceMobile sells $1B in convertible notes to expand launch capacity
EarningsAMD locks in 2027 Anthropic GPU capacity with Helios architecture
EarningsAlphabet profit growth may be overstated by investment gains

Sources

CNBC EarningsWe're raising our Honeywell Technologies price target, reflecting post-spinoff optimism

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.