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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Otis Worldwide (OTIS) and Herc Holdings (HRI)

Tipranks - Thu Apr 2, 4:34AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Otis Worldwide (OTIS) and Herc Holdings (HRI).

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Otis Worldwide (OTIS)

Barclays analyst Julian Mitchell maintained a Sell rating on Otis Worldwide today and set a price target of $80.00. The company’s shares closed last Tuesday at $77.08.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 13.8% and a 60.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Otis Worldwide with a $97.40 average price target.

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Herc Holdings (HRI)

Barclays analyst Adam Seiden maintained a Buy rating on Herc Holdings today and set a price target of $175.00. The company’s shares closed last Tuesday at $99.55.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 11.2% and a 59.0% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Legence Corp. Class A, and Manitowoc Company. ;'>

Herc Holdings has an analyst consensus of Strong Buy, with a price target consensus of $173.60, which is a 75.2% upside from current levels. In a report issued on March 18, TipRanks – PerPlexity also upgraded the stock to Buy with a $123.00 price target.

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