Vertical Research analyst Robert Stoddard upgraded Rockwell Collins (COL) to Buy with a $143 price target, as he believes there remains the possibility of the company being acquired. As detailed in colleague Jeff Sprague's related report United Technologies (UTX), the two analysts cannot rule out United Technologies making a bid for Rockwell Collins. They believe it could be more exotically structured as a Reverse Morris Trust, which would make a transaction more financially appealing to United Technologies shareholders, while preserving its credit rating, and providing Rockwell Collins shareholder with a decent premium.