United Technologies Corp. (UTX) Tops Q2 EPS by 14c; Boosts Midpoint of FY14 EPS Outlook

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Go back to United Technologies Corp. (UTX) Tops Q2 EPS by 14c; Boosts Midpoint of FY14 EPS Outlook

Wells Fargo Downgrades United Technologies (UTX) to Market Perform

July 23, 2014 7:22 AM EDT

Wells Fargo downgraded United Technologies (NYSE: UTX) from Outperform to Market Perform with a price target of $110-$115 (from $128-$132). Analyst Sam J. Pearlstein doesn't view Q2 results as exceptional, and he thinks 2015... More