Wells Fargo Maintains Overweight on BorgWarner, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Overweight rating on BorgWarner (NYSE:BWA) but lowers the price target from $44 to $42.
August 01, 2024 | 2:07 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on BorgWarner but lowers the price target from $44 to $42.
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