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RBC Capital Cuts Price Target to $114 Following United Technologies (UTX) 2Q EPS Beat
July 22, 2015 7:40 AM EDTRBC Capital maintained an Outperform rating on United Technologies (NYSE: UTX), and cut the price target to $114.00 (from $141.00), following its 2Q15 earnings report. UTX reported 2Q15 EPS of $1.73, beating consensus by 2c. Management decided to cut 2015 guidance with the EPS forecast declining from $6.356.55 to $6.156.30. Analyst... More
