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Stock impact report

Otis Worldwide (OTIS): Reassessing Valuation After an Earnings Beat and a Cautious Analyst Price Target Cut [Yahoo! Finance]

Otis Worldwide Corporation (OTIS) 
Company Research Source: Yahoo! Finance
See our latest analysis for Otis Worldwide. The muted 1 day share price move sits against a 1 year total shareholder return of around negative 5 percent and a still positive 3 year total shareholder return in the high teens. This suggests long term holders have done reasonably well even as near term momentum has cooled following the post earnings pullback and mixed sentiment. If this kind of steady industrial story appeals, it could be worth seeing what else is out there, with aerospace and defense stocks as a starting list of ideas. With shares down this year despite steady mid single digit growth and analysts still seeing double digit upside to their price targets, are investors being offered a quietly attractive entry point, or is the market already discounting future gains? With Otis Worldwide last closing at 87.06 dollars versus a narrative fair value near 104 dollars, the story leans toward meaningful upside if assumptions hold. Significant cost saving initiatives, in Show less Read more
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