Wells Fargo Maintains Equal-Weight on Otis Worldwide, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Otis Worldwide and raised the price target from $95 to $108.
October 07, 2024 | 8:20 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Otis Worldwide but increased the price target from $95 to $108, indicating a positive outlook.
The increase in price target from $95 to $108 by Wells Fargo suggests a positive outlook for Otis Worldwide, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100