UBS Initiates Coverage On Otis Worldwide with Neutral Rating, Announces Price Target of $87
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Snyder has initiated coverage on Otis Worldwide (NYSE:OTIS) with a Neutral rating and a price target of $87.
October 03, 2023 | 10:43 am
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NEUTRAL IMPACT
UBS has initiated coverage on Otis Worldwide with a Neutral rating and a price target of $87.
The initiation of coverage by UBS with a Neutral rating suggests that the stock is fairly valued at current levels. The price target of $87 indicates where UBS believes the stock will trade in the near future. This news is highly relevant to OTIS as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock price. The confidence in this analysis is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100