macro

Mizuho cuts price targets on Honeywell and Array Technologies

Mizuho lowered its Honeywell price target to $255 from $265 and cut Array Technologies to $5 from $7, while upgrading that stock to Outperform.

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what happened

Analysts at Mizuho lowered their price target on Honeywell to $255 per share from $265. The same day, the firm reduced its target on Array Technologies to $5 per share from $7, while raising its rating on the stock to Outperform from Neutral. The updates were published on October 15, 2026, late in the evening GMT.

why it matters

A price target change shows how one brokerage values a stock's prospects, but it does not guarantee any move in the share price. The mix of a lower target and an upgrade for Array Technologies is a split signal, so investors may want to wait for other analysts to revise their estimates and for fresh company data.

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