Otis Worldwide upgraded by Wells Fargo with a new price target
$OTIS
Consumer Electronics/Appliances
Technology
Wells Fargo upgraded Otis Worldwide from Underweight to Equal Weight and set a new price target of $88.00 from $75.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $104.00 | Peer Perform → Underperform | Wolfe Research |
| 12/5/2024 | $94.00 | Equal Weight → Underweight | Barclays |
| 11/13/2024 | $97.00 → $113.00 | Neutral | UBS |
| 10/8/2024 | Outperform → Peer Perform | Wolfe Research | |
| 9/6/2024 | $97.00 | Equal-Weight | Morgan Stanley |
| 4/2/2024 | Hold | Melius | |
| 2/22/2024 | $102.00 | Hold → Buy | Argus |
| 1/2/2024 | Buy → Hold | Vertical Research |
Wolfe Research downgraded Otis Worldwide from Peer Perform to Underperform and set a new price target of $104.00
Barclays downgraded Otis Worldwide from Equal Weight to Underweight and set a new price target of $94.00
UBS resumed coverage of Otis Worldwide with a rating of Neutral and set a new price target of $113.00 from $97.00 previously
FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) today announced that its Board of Directors has authorized the repurchase of $2 Billion of Common Stock under a share repurchase program, effective January 16, 2025. In conjunction with the new authorization, the Board of Directors cancelled the remaining approximately $100 million authorized under the prior program, approved December 1, 2022. Share repurchases may take place from time to time, subject to market conditions and at the company's discretion, in the open market, through privately negotiated transactions or other means. About OtisOtis is the world's leading elevator and escalator manufacturin
FARMINGTON, Conn., Jan. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, January 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's full year and fourth quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations ([email protected]) for alternative dial-in information.
FARMINGTON, Conn., Oct. 31, 2024 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on December 6, 2024, to shareholders of record at the close of business on November 15, 2024. About Otis Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the dive
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
4 - Otis Worldwide Corp (0001781335) (Issuer)
FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) today announced that its Board of Directors has authorized the repurchase of $2 Billion of Common Stock under a share repurchase program, effective January 16, 2025. In conjunction with the new authorization, the Board of Directors cancelled the remaining approximately $100 million authorized under the prior program, approved December 1, 2022. Share repurchases may take place from time to time, subject to market conditions and at the company's discretion, in the open market, through privately negotiated transactions or other means. About OtisOtis is the world's leading elevator and escalator manufacturin
FARMINGTON, Conn., Jan. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, January 29, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's full year and fourth quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations ([email protected]) for alternative dial-in information.
FARMINGTON, Conn., Oct. 31, 2024 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock. The dividend will be payable on December 6, 2024, to shareholders of record at the close of business on November 15, 2024. About Otis Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the dive
CERT - Otis Worldwide Corp (0001781335) (Filer)
8-K - Otis Worldwide Corp (0001781335) (Filer)
SCHEDULE 13G - Otis Worldwide Corp (0001781335) (Subject)
SC 13G - Otis Worldwide Corp (0001781335) (Subject)
SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)
SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)
She succeeds Anurag Maheshwari to lead financial activities at Otis FARMINGTON, Conn., July 19, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 23, Méndez will succeed Anurag Maheshwari, who is pursuing an opportunity outside Otis. "Cristina has deep expertise in financial management and extensive experience leading transformation within and outside Otis. She understands our long-term strategy and service-driven business model and how to drive growth and shareholder value," said Marks. "As a strategi
Reinforces commitment to ESG in support of its business strategy FARMINGTON, Conn., June 12, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals. The Otis ESG strategy focuses on the key areas of Health & Safety, Environment & Impact, People & Communities, and Governance & Accountability. Progress made in each helps to drive value for stakeholders and to advance the company's business strategy across five strategic pillars: sustain New Equipment growth, accelerate Service portfolio growth, deliver modernization value, advance digitalization, an
NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading data analytics and digital operations and solutions company, announced today that Thomas Bartlett has been appointed to EXL's board of directors as an independent director, effective March 6, 2024. Bartlett will serve on the board's audit committee and nominating and governance committee. The company also announced that Som Mittal has notified the board that he will not stand for re-election at EXL's 2024 annual meeting of stockholders and therefore will be retiring from the board in June 2024. "We are excited to welcome Tom to the board," said Board Chair Vikram Pandit. "Tom brings a tremendous amount of experien