B of A Securities Upgrades BorgWarner to Buy, Raises Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst John Murphy has upgraded BorgWarner (NYSE:BWA) from Neutral to Buy and raised the price target from $54 to $67.
July 06, 2023 | 10:40 am
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BorgWarner's stock has been upgraded to Buy from Neutral by B of A Securities, with a raised price target of $67, up from $54.
The upgrade from Neutral to Buy indicates a positive outlook for BorgWarner by B of A Securities. The raised price target suggests that the analyst believes the stock has potential for significant growth in the short term. This could lead to increased investor interest and a potential rise in stock price.
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IMPORTANCE 80
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