TD Cowen Maintains Buy on BorgWarner, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jeffrey Osborne maintains a Buy rating on BorgWarner (NYSE:BWA) and raises the price target from $36 to $40.
May 03, 2024 | 8:49 pm
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TD Cowen reaffirms a Buy rating on BorgWarner and increases the price target to $40.
The upgrade in price target by a reputable analyst like Jeffrey Osborne suggests a positive outlook on BorgWarner's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100