Argus Research Upgrades Otis Worldwide to Buy, Announces $102 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Eade upgrades Otis Worldwide (OTIS) from Hold to Buy and sets a $102 price target.

February 22, 2024 | 2:19 pm
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Otis Worldwide upgraded to Buy from Hold by Argus Research with a price target of $102.
Upgrades by research firms, especially with a significant price target increase, typically lead to positive short-term price movements as they reflect a positive outlook on the company's future performance. This upgrade by Argus Research suggests a strong confidence in Otis Worldwide's growth prospects, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100