United Technologies Corp (UTX) Got Some Good News

In a report released today, Cai Rumohr from Cowen & Co. upgraded United Technologies Corp (UTX) to Buy, with a price target of $150. The company’s shares closed on Friday at $128.75.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.7% and a 70.8% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Technologies Corp with a $148.14 average price target, representing a 15.1% upside. In a report issued on June 10, Seaport Global also upgraded the stock to Buy with a $165 price target.

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The company has a one-year high of $144.40 and a one-year low of $100.48. Currently, United Technologies Corp has an average volume of 3.36M.

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