Goldman Sachs Maintains Neutral on BorgWarner, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan maintains a Neutral rating on BorgWarner (NYSE:BWA) and lowers the price target from $38 to $36.
October 01, 2024 | 5:53 pm
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Goldman Sachs has maintained a Neutral rating on BorgWarner and reduced the price target from $38 to $36, indicating a slightly less optimistic outlook.
The reduction in price target from $38 to $36 by Goldman Sachs suggests a slightly less optimistic view on BorgWarner's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100