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 but lowers the price target from $51 to $50.
October 21, 2024 | 4:08 pm
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NEUTRAL IMPACT
JP Morgan analyst Ryan Brinkman maintains an Overweight rating on BorgWarner but lowers the price target from $51 to $50.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100