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Zacks Investment Research downgraded United Technologies Corporation (NYSE:UTX) to Hold in a report released today.

Just yesterday United Technologies Corporation (NYSE:UTX) traded -0.72% lower at $122.08. United Technologies Corporation’s 50-day average is $115.89 and its two hundred day average is $118.57. With the last stock price up 0.43% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. Trade Volume was down over the average, with 2,852,800 shares of UTX changing hands under the typical 3,573,160

Zacks Investment Research has downgraded United Technologies Corporation (NYSE:UTX) to Hold in a report released on Thursday May 25, 2017.

Previously on Monday May 22, 2017, Zacks Investment Research reported on United Technologies Corporation (NYSE:UTX) increased the target price from $0.00 to $136.00. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart

United Technologies Corporation (NYSE:UTX)

United Technologies Corporation has PE ratio of 18.14 with a one year low of $99.99 and a one year high of $124.79 and has a market capitalization of $0.

A total of 18 equity analysts have released a ratings update on UTX. Five equity analysts rating the company a strong buy, six equity analysts rating the company a buy, ten brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $111.72.

General Information About United Technologies Corporation (NYSE:UTX)

United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world. The Company operates through four segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. Otis operates as an elevator and escalator manufacturing, installation and service company. UTC Climate, Controls & Security segment is engaged in providing heating, ventilating, air conditioning (HVAC) and refrigeration solutions. The Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. Pratt & Whitney segment provides fleet management services and aftermarket maintenance, repair and overhaul services. The UTC Aerospace Systems segment provides aerospace products and aftermarket service solutions for aircraft manufacturers, airlines, regional, business and general aviation markets, military, space and undersea operations.

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