Goldman Sachs Upgrades BorgWarner (BWA) to Neutral
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Price: $68.66 +1.16%
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
17 Buy, 13 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded BorgWarner (NYSE: BWA) from Sell to Neutral with a price target of $83 (up from $78).
The upgrade was driven by their rotation to secular growth and their view that a weaker demand backdrop means it's more likely to keep its relative premium.
For more ratings news on BorgWarner click here and for the rating history of BorgWarner click here.
Shares of BorgWarner closed at $68.98 yesterday.
The upgrade was driven by their rotation to secular growth and their view that a weaker demand backdrop means it's more likely to keep its relative premium.
For more ratings news on BorgWarner click here and for the rating history of BorgWarner click here.
Shares of BorgWarner closed at $68.98 yesterday.
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