Honeywell stock jumps after JPMorgan upgrade, with Quantinuum IPO in focus
Honeywell shares rose 2.4% to $220.16 Friday after JPMorgan upgraded the stock and raised its price target to $255. The move comes as investors await details on Honeywell’s planned breakup and costs, with fourth-quarter results and a 2026 outlook due Jan. 29. Quantinuum, Honeywell’s quantum computing unit, also announced plans for a confidential IPO filing. Broader markets were flat.