By: Benzinga
March 28, 2013 at 10:14 AM EDT
UPDATE: Morgan Stanley Initiates United Technologies at Overweight on Long-Term EPS Growth
Morgan Stanley published a report Wednesday, as analyst Nigel Coe initiated United Technologies Corporation (NYSE: UTX ) with an Overweight rating and a price target of $105. Coe wrote, "UTC is an attractive Aero /Non-Resi Construction hybrid that has significant, broad-based and visible margin tailwinds. We are comfortable with China
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