This quarter "marks the first time in quite a number of periods that [they have] delivered...

|By:, SA News Editor

This quarter "marks the first time in quite a number of periods that [they have] delivered relatively clean results," Jefferies' Howard Rubel says, referring to United Technologies' (UTX -0.6%) Q2 report. The analyst hikes his FY13 EPS estimate to $6.15 from $6.10 and raises the price target on the shares from $105 to $120 representing a 14% upside from Tuesday's close.