Otis Worldwide Corporation (OTIS) has seen some setbacks, facing underperformance in the market and downgraded ratings, which led to Franklin Resources Inc, Toronto Dominion Bank, iA Global Asset Management Inc. and Goodman Advisory Group LLC selling off stocks. Rocky market performance also reflected into share prices reducing the company's attraction for investors like JPMorgan Chase & Co. However, Otis also experienced increased stocks from companies like Geode Capital Management and National Bank of Canada FI. The corporation secured an
Elite Gold Rating in Global Sustainability Rankings, placing in the top 5% among 130,000 companies, demonstrating commitment toward sustainability. Despite certain challenges, Otis has demonstrated resilience with strategic moves like the installation of the
SkyRise Elevator System in Kuala Lumpur's Dawn KLCCand acquiring Jardine Schindler Lifts in Taiwan, suggesting potential for growth. In Q3 2024, Otis navigated challenges, but missed earnings and sales estimates, causing some analysts to question momentum for the company.
Otis Worldwide Corporation OTIS News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Sat, 14 Dec 2024 11:38:12 GMT -
Rating 0
- Innovation -5
- Information 4
- Rumor 0
