Barclays Maintains Overweight on BorgWarner, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Overweight rating on BorgWarner (NYSE:BWA) but lowered the price target from $58 to $57.

July 11, 2023 | 12:24 pm
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Barclays has maintained an Overweight rating on BorgWarner but lowered the price target from $58 to $57.
The news is directly about BorgWarner and is likely to influence investor sentiment. The maintenance of an Overweight rating indicates a positive outlook, but the lowering of the price target may have a slightly negative impact. However, the change is minor, so the overall impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100