Barclays Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Otis Worldwide and raises the price target from $90 to $96.
October 02, 2024 | 6:06 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Otis Worldwide but increased the price target from $90 to $96, indicating a positive outlook.
The increase in the price target from $90 to $96 by Barclays suggests a positive outlook for Otis Worldwide, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100