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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Axon Enterprise (AXON) and Otis Worldwide (OTIS)

Tipranks - Thu Apr 9, 5:06AM CDT

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

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Axon Enterprise (AXON)

In a report released today, Joshua Reilly from Needham maintained a Buy rating on Axon Enterprise, with a price target of $600.00. The company’s shares closed last Tuesday at $372.87.

According to TipRanks.com, Reilly is a 1-star analyst with an average return of -2.4% and a 37.8% success rate. Reilly covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Tyler Technologies. ;'>

Currently, the analyst consensus on Axon Enterprise is a Strong Buy with an average price target of $720.18, which is a 75.7% upside from current levels. In a report issued on March 26, TipRanks – PerPlexity also upgraded the stock to Buy with a $516.00 price target.

See today’s best-performing stocks on TipRanks >>

Otis Worldwide (OTIS)

Otis Worldwide received a Hold rating and a $110.00 price target from Wolfe Research analyst Nigel Coe today. The company’s shares closed last Tuesday at $77.83.

Coe has an average return of 8.6% when recommending Otis Worldwide. ;'>

According to TipRanks.com, Coe is ranked #1577 out of 12128 analysts.

Currently, the analyst consensus on Otis Worldwide is a Hold with an average price target of $97.50, representing a 25.0% upside. In a report issued on March 25, TipRanks – xAI also upgraded the stock to Hold with a $83.00 price target.

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