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OTIS - Otis Worldwide: Shares Are Nearing An Inflection Point
Otis Worldwide Corporation
Summary
Otis Worldwide has started to show real signs of weakening on both its top and bottom lines, and management recently revised down their expectations for the year.
Shares of the business have also seen nice upside and are now trading at lofty levels.
If shares rise much more without a corresponding improvement to the firm's results, it could warrant downside moving forward.