United Technologies to present at Morgan Stanley Annual Laguna Conference

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UBS Cuts Price target on United Technologies (UTX) to $115; Reiterates Buy

September 19, 2016 8:37 AM EDT

UBS maintained a Buy rating on United Technologies (NYSE: UTX), and cut the price target to $115.00 (from $118.00), as expectations fall. UTX continues to trade at a discount to the market and its peers given heightened near term risk on GTF. The Street is now... More