Morgan Stanley Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Schimmer has maintained an Equal-Weight rating on Otis Worldwide (NYSE:OTIS) and raised the price target from $91 to $92.

July 27, 2023 | 4:49 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Otis Worldwide and raised the price target from $91 to $92.
The news is directly related to Otis Worldwide as Morgan Stanley has maintained an Equal-Weight rating on the company and raised the price target. This suggests that the analyst sees potential in the company but is not overly bullish, hence the neutral score. The relevance is high as the news directly mentions Otis Worldwide. The importance is moderate as price target changes can influence investor sentiment. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100