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United Technologies (UTX) Stock Falls on Bernstein Downgrade, Jim Cramer's View

2016-01-08 21:03:18| Paper - Topix.net

United Technologies lacks both downside risks and upside catalysts for the next six to 12 months, Bernstein said in a note, Barron's reports. Bernstein had upgraded the stock to "outperform" in late 2014 because the firm expected a recent management change to improve performance beginning in 2016, the firm wrote.

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