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Fly News Breaks for March 5, 2020
Mar 5, 2020 | 07:38 EDT
Cowen analyst Cai von Rumohr lowered the firm's price target on United Technologies to $150 from $169. The analyst noted its Otis and Carrier spin-offs are on track to close in Q2 and is cautious on estimates as consensus is likely not capturing the Coronavirus risks associated with aftermarket commercial sales. von Rumohr maintained his Outperform rating on United Technologies shares.
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