Quintinuum (Quantum business)
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Jim Cramer Discusses Honeywell (HON)’s Quantum Computing Business
Yahoo Finance· 2026-01-28 14:50
Group 1 - Honeywell International Inc. (NASDAQ:HON) shares have increased by 4% over the past year and by 12.9% year-to-date, driven by ongoing spinoff execution [2] - JPMorgan upgraded Honeywell's shares to Overweight from Neutral in January, raising the price target to $255 from $218, citing order momentum and backlog as key factors [2] - Mizuho reduced Honeywell's price target to $240 from $250 while maintaining an Outperform rating, adjusting due to broader coverage of the industrial sector [2] Group 2 - Honeywell has a quantum computing business called Quintinuum, which has filed an S-1 to go public, indicating significant growth potential [3] - Despite the potential of Honeywell as an investment, there is a belief that some AI stocks may offer higher returns with limited downside risk [3]