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RBC Capital Cuts Price Target on United Technologies (UTX); Margins Make up for 4Q Sales Miss
January 28, 2016 7:25 AM ESTRBC 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
