– The aerospace giant's stock rose 3% after Honeywell raised its forecast for fiscal year earnings after reporting better than anticipated third-quarter earnings. Even as Honeywell saw lower organic sales growth, analysts were upbeat about the company's strong guidance according to FactSet.– Chipotle's share rose 1.
2% in midday trading after Evercore said a "reasonable" five-year price target for the stock is $1,600 per share, about double its current price of $830. Analyst David Palmer wrote that the company should be able to generate better financial results thanks to the development of its digital platform.– Shares of CSX rose 2.7% after beating Wall Street's expectations for earnings and operating income, as revenue came in as expected, according to analysts surveyed by Refinitiv.
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