JP Morgan Maintains Overweight on BorgWarner, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ryan Brinkman maintains an Overweight rating on BorgWarner (NYSE:BWA) but lowers the price target from $52 to $50.
July 22, 2024 | 2:29 pm
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JP Morgan analyst Ryan Brinkman maintains an Overweight rating on BorgWarner but lowers the price target from $52 to $50.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100