United Technologies unveils $1.5 billion restructuring plan to cut costs

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United Tech (UTX) Offers No Frills Guidance; Outlook Appears Well Balanced - RBC

December 11, 2015 8:23 AM EST

RBC reaffirmed its Sector Perform rating and $100 price target on United Technologies Corp. (NYSE: UTX) following the company's issuance of FY16 guidance and update on Thursday.

Analyst Robert Stallard noted that UTX has a balanced outlook for next year. The analyst commented: UTX has a lot of moving parts, but we would... More