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Fly News Breaks for January 6, 2016
UTX
Jan 6, 2016 | 07:46 EDT
Sterne Agee CRTanalyst Peter Arment downgraded United Technologies to Neutral and maintained his $100 price target on shares. Arment expects shares to be range bound over the next 9+ months given limited operating income growth offset by aggressive buybacks as CEO Greg Hayes continues to reshape the portfolio.
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