United Technologies Corporation (UTX) – Otis Worldwide Corporation (OTIS) – Carrier Global Corporation (CARR)

February 23, 2021

UPDATE: Drop Coverage of Raytheon Technologies Corp. Effective Immediately


December 7, 2020

UPDATE: Drop Coverage of Carrier Global Corp. Effective Immediately


October 16, 2020

UPDATE: Drop Coverage of Otis Worldwide Corporation Effective Immediately


August 13, 2020

UPDATE: Maintain BUY on CARR, Revise Fair Value Estimate to $36 (from $28)


July 8, 2020

UPDATE: Maintain BUY on CARR, Revise Fair Value Estimate to $28 (from $21


May 8, 2020

CARR Reports 1Q 2020 Results; Maintain BUY, Revise Fair Value Estimate to $21


May 7, 2020

Raytheon Reports 1Q 2020 Results; Maintain BUY and $78 Fair Value Estimate


April 6, 2020

UPDATE: UTX Completes Merger with Raytheon, Becomes RTX; Revising FVE; Rate RTX at BUY


March 30, 2020

UPDATE: Carrier Global and Otis Begin When-Issued Trading; Revising FVE for UTC and CARR; Rate UTX at BUY


March 12, 2020

UTX Announces Key Dates Associated with Spin-Offs of Carrier Global and Otis and Merger with RTN; Rate UTX at BUY with $139 FVE


March 10, 2020

COMPREHENSIVE REPORT - United Technologies Corporation (UTX) – Otis Worldwide Corporation (OTIS) – Carrier Global Corporation (CARR)


June 10, 2019

UPDATE: UTX and RTN to Combine Aerospace Businesses; Planned Spins Remain on Track; Merger Expected to be Completed 1H 2020