Breaking: Morgan Stanley Reconfirms $155.0000 Target Price On United Technologies Corp (NYSE:UTX) Shares, Reconfirms Their Original Buy Rating

United Technologies Corporation (NYSE:UTX) Logo

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.08, from 0.94 in 2018Q1. It increased, as 57 investors sold United Technologies Corporation shares while 515 reduced holdings. 106 funds opened positions while 477 raised stakes. 629.27 million shares or 0.22% less from 630.65 million shares in 2018Q1 were reported.

Intersect Capital Limited invested 0.14% of its portfolio in United Technologies Corporation (NYSE:UTX). Toth Financial Advisory Corp has invested 0.16% of its portfolio in United Technologies Corporation (NYSE:UTX). Donaldson Management Limited Liability has 29,715 shares. Holderness Investments Com holds 0.73% of its portfolio in United Technologies Corporation (NYSE:UTX) for 12,082 shares. Welch Gru Lc invested in 3.03% or 194,788 shares. Moreover, Arga Inv Mgmt Limited Partnership has 0.33% invested in United Technologies Corporation (NYSE:UTX) for 21,700 shares. Enterprise Fincl Services Corp reported 9,836 shares. 5,422 are held by Next Financial Group Incorporated Inc. Fincl Counselors holds 0.24% or 41,908 shares in its portfolio. Jp Marvel Inv Limited Liability Corporation reported 1.33% of its portfolio in United Technologies Corporation (NYSE:UTX). Nelson Roberts Investment Advisors Lc holds 44,243 shares. Illinois-based Front Barnett Assoc Ltd Limited Liability Company has invested 2.22% in United Technologies Corporation (NYSE:UTX). Weiss Multi invested in 0.1% or 31,800 shares. The Oregon-based M Holding Secs has invested 2.13% in United Technologies Corporation (NYSE:UTX). Chatham Capital Group holds 0.08% or 2,294 shares in its portfolio.

Since July 26, 2018, it had 0 insider buys, and 2 insider sales for $2.41 million activity. Gill Charles D also sold $1.94M worth of United Technologies Corporation (NYSE:UTX) on Thursday, July 26.

United Technologies Corp (NYSE:UTX) Rating Reaffirmed

They currently have a $155.0000 PT on United Technologies Corp (NYSE:UTX). The target price by Morgan Stanley would suggest a potential upside of 27.22 % from the company’s last price. This has been disclosed to clients in analysts report on 28 November.

United Technologies Corporation (NYSE:UTX) Ratings Coverage

Among 4 analysts covering United Technologies (NYSE:UTX), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. United Technologies has $19500 highest and $14700 lowest target. $165.67’s average target is 35.97% above currents $121.84 stock price. United Technologies had 5 analyst reports since June 15, 2018 according to SRatingsIntel. The company was maintained on Monday, June 18 by Bank of America. The stock has “Overweight” rating by Morgan Stanley on Friday, June 15. The company was maintained on Wednesday, November 28 by Morgan Stanley.

The stock increased 0.53% or $0.64 during the last trading session, reaching $121.84. About 9.64M shares traded or 97.06% up from the average. United Technologies Corporation (NYSE:UTX) has risen 21.87% since December 2, 2017 and is uptrending. It has outperformed by 6.25% the S&P500.

United Technologies Corporation provides technology services and products to building systems and aerospace industries worldwide. The company has market cap of $97.59 billion. The Company’s Otis segment designs, makes, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. It has a 19.58 P/E ratio. The companyÂ’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Seekingalpha.com which released: “Morgan Stanley: United Tech ‘far from broken’ – Seeking Alpha” on November 28, 2018, also Seekingalpha.com with their article: “United Technologies: Dead Money During Spin-Off Process – Seeking Alpha” published on November 30, 2018, 247Wallst.com published: “6 Most Important Things in Business Today – 24/7 Wall St.” on November 27, 2018. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Fool.com and their article: “United Technologies Finally Makes Its Split-Up Plan Official – Motley Fool” published on November 29, 2018 as well as Bizjournals.com‘s news article titled: “UTC spin-off company with $18B in revenue to be based in South Florida – South Florida Business Journal” with publication date: November 28, 2018.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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