Otis Worldwide's (OTIS) Strategic Initiatives Aid Amid Cost Woes
OTISOtis Worldwide (OTIS) ZACKS·2024-06-13 00:21

Otis Worldwide Corporation (OTIS) is benefiting from solid Service segment performance thanks to strong repair volumes & maintenance pricing and strength of modernization. Also, strategic investments in research and development and digital initiatives, fostering its innovation capabilities, bode well.The company introduced new product innovations in the first quarter of 2024 and will continue to collaborate with dealers, agents and distributors to expand sales channels and increase market share.This Zacks R ...