Goldman Sachs Maintains Neutral on BorgWarner, Raises Price Target to $51
Portfolio Pulse from jenniferd'souza@benzinga.com
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on BorgWarner (NYSE:BWA) and raises the price target from $45 to $51.

June 07, 2023 | 2:59 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on BorgWarner and raises the price target from $45 to $51.
Goldman Sachs' decision to maintain a Neutral rating on BorgWarner indicates that they do not expect significant short-term price movement. However, the raised price target from $45 to $51 suggests a positive outlook for the stock in the medium to long term. The news is important for investors as it comes from a reputable financial institution, but the short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100