United Technologies (UTX) Tops Q4 EPS by 1c

Go back to United Technologies (UTX) Tops Q4 EPS by 1c

RBC Capital Cuts Price Target on United Technologies (UTX); Margins Make up for 4Q Sales Miss

January 28, 2016 7:25 AM EST

RBC Capital maintained a Sector Perform rating on United Technologies (NYSE: UTX), and cut the price target to $100.00 (from $104.00), following the company's 4Q earnings report. Adjusted EPS of $1.53 was in line with consensus, although sales of $14.65B were 4 5% below estimates, with the difference... More