Barclays analyst Julian Mitchell lowered the firm’s price target on Otis Worldwide (OTIS) to $77 from $80 and keeps an Underweight rating on the shares. The firm expects a “subdued” share price reaction post earnings given Otis’ service margin pressure.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OTIS:
- Otis Worldwide Balances Margin Pressure With Strong Service
- Morning Movers: Best Buy dips after CEO transition announcement
- Otis Worldwide sees FY26 adjusted EPS $4.20-$4.24, consensus $4.24
- Otis Worldwide reports Q1 adjusted EPS 89c, consensus 90c
- Otis Worldwide increases dividend per share 5% to 44c