JP Morgan Maintains Neutral on Otis Worldwide, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains a Neutral rating on Otis Worldwide (NYSE:OTIS) and raises the price target from $80 to $85.
July 27, 2023 | 2:17 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Otis Worldwide and raises the price target from $80 to $85.
The news directly pertains to Otis Worldwide as JP Morgan, a major financial institution, maintains a Neutral rating on the company and raises its price target. This suggests that JP Morgan sees potential in the company's stock but also acknowledges the risks involved. This could influence investors' decisions and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100