BofA Adds United Technologies (UTX) to 'US 1 List'

Shares of United Technologies (NYSE: UTX) are modestly outperforming the broader stock market Monday following some positive comments from an analyst at BofA Merrill Lynch. Compared to a 0.36 percent rise in the S&P 500, United Technologies shares are up 0.86 percent to $84.22.

The BofA analyst added shares of United Technologies to the firm's "US 1 List," also reiterating a Buy rating. The analyst noted the stock's underperformance since announcing the Goodrich (NYSE: GR) acquisition. The stock is up 10.8 percent since September 19th, 2011, while the S&P 500 is up more than 12 percent.

Check out our Analyst Ratings page to track all the market-moving analyst calls on shares of United Technologies.

---

Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!

You May Also Be Interested In

• UBS Lowers Estimates and PT on Lowe's (LOW) Messy Q1, But Bullish Case Remains
• Compass Point Reiterates a 'Sell' on Post Properties (PPS); Adjusting Numbers
• Barclays Maintains an 'Equalweight' on BreitBurn Energy Partners (BBEP); Revising Estimates

Create E-mail Alert Related Categories

Analyst Comments

Related Entities

Merrill Lynch, Bank of America, Standard & Poor's

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter