Wells Fargo Maintains Equal-Weight on Otis Worldwide, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Otis Worldwide (NYSE:OTIS) but has lowered the price target from $108 to $105.
October 31, 2024 | 8:11 pm
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Wells Fargo has maintained its Equal-Weight rating on Otis Worldwide but reduced the price target from $108 to $105, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on Otis Worldwide's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100