B of A Securities Maintains Buy on BorgWarner, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains a Buy rating on BorgWarner (NYSE:BWA) but lowers the price target from $50 to $45.
July 22, 2024 | 5:10 pm
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NEUTRAL IMPACT
B of A Securities analyst John Murphy maintains a Buy rating on BorgWarner but lowers the price target from $50 to $45.
The Buy rating suggests continued confidence in BorgWarner's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100