Otis Worldwide price target raised to $82 from $76 at Wells Fargo

Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Otis Worldwide to $82 from $76 and keeps an Underweight rating on the shares. The firm notes Otis delivered a solid Q4 and there are no real negative surprises in the initial guide as the company looks poised to deliver another good year.