General Electric valuation hits lofty levels after stock surge

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RBC Capital Adjusts Estimates Following United Technologies (UTX) 2016 Outlook - PT to $102

December 15, 2015 7:02 AM UTC

RBC Capital reiterated a Sector Perform rating on United Technologies (NYSE: UTX), and raised the price target to $102.00 (from $100.00), following the company's 2016 outlook meeting. RBC adjusted EPS estimates following the issuance of UTX's 2016 guidance last week. The major change is a move to 'adjusted' EPS,... More