** Honeywell HON.O posted a rise in first-quarter adjusted profit and raised the lower end of its 2025 forecast, as a shortage of new jets fueled demand for its aerospace parts and aircraft maintenance services
SOLID POSITION IN UNCERTAIN ENVIRONMENT
** J.P. Morgan ("neutral") raises PT to $182 from $178, as it is optimistic on co to post higher revenue from acquisitions, even as it expects shallow performance in second half of 2025 due to macro economic uncertainties
** Says co's cost to be higher in coming days as it is seemingly not adding domestic suppliers while relying mostly on surcharges
** TD Cowen ("buy," raises PT to $230 from $205) says co's tariff exposure appears manageable and buyback pace has intensified
** RBC Capital ("sector perform") raises PT to $226 from $211, says co will mainly be using surcharges to address tariffs for its short-cycle products and considering general price increase for its longer-cycle business
** Daiwa Capital ("neutral," raises PT to $219 from $216) says optimistic on co due to stronger than expected start and share repurchase timing
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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