JP Morgan Maintains Overweight on BorgWarner, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains an Overweight rating on BorgWarner (NYSE:BWA) but lowers the price target from $59 to $55.
July 20, 2023 | 2:23 pm
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JP Morgan maintains an Overweight rating on BorgWarner but lowers the price target from $59 to $55.
The news is directly about BorgWarner and is likely to influence investor sentiment. While the Overweight rating is positive, the lowering of the price target might create some uncertainty. However, as the rating remains Overweight, the overall impact is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100