United Technologies (UTX) PT Raised to $114 at Barclays
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UPDATE: Argus Downgrades United Technologies (UTX) to Hold
January 26, 2017 8:16 AM EST(Updated - January 26, 2017 8:58 AM EST)
Argus downgraded United Technologies (NYSE: UTX) from Buy to Hold on valuation.
Analyst John Eade comments "The shares have rallied over the last quarter, as investors have embraced President Trumps potential plans to cut corporate taxes and boost infrastructure spending. The shares have... More
United Tech details engine problems, affirms 2017 forecast
January 25, 2017 7:16 AM ESTBy Alwyn Scott
(Reuters) - United Technologies Corp (NYSE: UTX) faced new questions about its Geared Turbofan engine on Wednesday, noting problems about durability and with the company's ability to receive parts on time.
The company also reported a fourth-quarter profit in line with analysts' estimates and backed its 2017 earnings and revenue forecasts.
The new Pratt & Whitney engine, which powers Airbus Group (NYSE: AIR), Bombardier Inc (NYSE: AIR), Embraer SA and other jetliners,... More
United Technologies (UTX) Reports In-Line Q4 EPS; Affirms Outlook
January 25, 2017 6:55 AM ESTUnited Technologies (NYSE: UTX) reported Q4 EPS of $1.56, in-line with the analyst estimate of $1.56. Revenue for the quarter came in at $14.7 billion versus the consensus estimate of $14.7 billion.
Affirms outlook and anticipates:
Adjusted EPS of $6.30 to $6.60*;Total sales of $57.5 to $59 billion, with year over year growth of 1 to 3... More