- Shares of United Technologies' (UTX -0.4%) slipped lower after Wells Fargo downgraded stock's rating to Market Perform from Outperform stating an overly-optimistic earnings outlook.
- Despite being at the Outperform level for the last three years, the investment firm lowered the PT on the stock to a range of $110-$115 from $128-$132.
United Technologies lower on downgrade
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| Symbol | Last Price | % Chg |
|---|---|---|
| UTX | - | - |
| United Technologies Corporation | ||