Wells Fargo Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Otis Worldwide (NYSE:OTIS) and increased the price target from $82 to $97.

December 19, 2023 | 1:53 pm
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Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Otis Worldwide and raised the price target from $82 to $97, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive outlook on Otis Worldwide's stock performance. This revision reflects an analyst's expectation of higher future stock price, which could lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100