Goldman Sachs Maintains Neutral on BorgWarner, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on BorgWarner (BWA) and lowered the price target from $38 to $34.
February 09, 2024 | 3:32 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on BorgWarner and reduced the price target from $38 to $34.
The reduction in price target by Goldman Sachs suggests a less optimistic outlook on BorgWarner's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100