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HONA — Honeywell Aerospace News Story

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Argus starts Honeywell Aerospace at 'buy' on growth prospects

BUZZ-Argus starts Honeywell Aerospace at 'buy' on growth prospects

** Argus Research initiates coverage on Honeywell Aerospace HONA.O with a "buy" rating

** The research firm says favorable trends in the aerospace and defense industry position the company for continued growth and market share gains

** HONA's systems are widely adopted across the aerospace industry, with installations on about 90% of aircraft currently in operation, supporting a durable competitive advantage - Argus Research

** The company manufactures and supplies aircraft engines, components and systems for commercial aviation, defense and space applications

** Shares are volatile in early trading

** Including session's moves, shares up 13.9% YTD


(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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