Evercore ISI Group Upgrades BorgWarner to Outperform, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded BorgWarner to 'Outperform' and raised its price target from $39 to $43, indicating a positive outlook for the company's stock.
October 14, 2024 | 12:46 pm
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POSITIVE IMPACT
Evercore ISI Group has upgraded BorgWarner from 'In-Line' to 'Outperform' and increased the price target from $39 to $43, suggesting a positive short-term outlook for the stock.
The upgrade from 'In-Line' to 'Outperform' by Evercore ISI Group, along with a raised price target, indicates increased confidence in BorgWarner's performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100