Wells Fargo Maintains Overweight on BorgWarner, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Overweight rating on BorgWarner (NYSE:BWA) and increased the price target from $43 to $45.
May 03, 2024 | 6:11 pm
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Wells Fargo analyst Colin Langan has reaffirmed an Overweight rating on BorgWarner and raised the price target from $43 to $45.
The increase in price target by a reputable analyst like Colin Langan suggests a positive outlook on BorgWarner's stock, likely due to strong company fundamentals or market position. This endorsement could lead to increased investor confidence and a potential short-term price increase.
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