Wells Fargo Maintains Overweight on BorgWarner, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Overweight rating on BorgWarner (NYSE:BWA) but lowered the price target from $60 to $59.
October 03, 2023 | 12:46 pm
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NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on BorgWarner but lowered the price target from $60 to $59.
The news is directly about BorgWarner and is likely to impact its stock. While the Overweight rating is positive, the lowering of the price target might have a neutral effect on the stock as it indicates a slight decrease in expected future value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100