Analysts Offer Insights on Industrial Goods Companies: United Rentals (URI) and Otis Worldwide (OTIS)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on United Rentals (URI) and Otis Worldwide (OTIS) with bullish sentiments.
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United Rentals (URI)
In a report issued on April 10, Kyle Menges from Citi maintained a Buy rating on United Rentals, with a price target of $950.00. The company’s shares closed last Friday at $771.93.
According to TipRanks.com, Menges is a 5-star analyst with an average return of
Currently, the analyst consensus on United Rentals is a Strong Buy with an average price target of $928.10, a 20.8% upside from current levels. In a report issued on April 10, J.P. Morgan also maintained a Buy rating on the stock with a $850.00 price target.
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Otis Worldwide (OTIS)
Otis Worldwide received a Buy rating and a $100.00 price target from Evercore ISI analyst Alexander Virgo today. The company’s shares closed last Friday at $79.95.
According to TipRanks.com, Virgo is a 3-star analyst with an average return of
Otis Worldwide has an analyst consensus of Hold, with a price target consensus of $97.86, implying a 20.2% upside from current levels. In a report issued on March 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $84.00 price target.
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