United Technologies After Honeywell's Weak Guidance

10/11/16

As SA News Editor Carl Surran wrote over the weekend, Honeywell's (NYSE:HON) weak guidance raised concerns about other industrial stocks, particularly those with aerospace businesses, such as United Technologies (NYSE:UTX). Honeywell's CEO warned that the business jet market would get worse in 2017.

United Technologies shares dropped about 1.5% on the Honeywell news Friday, but they're still up close to 19% from February's lows.

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