Sterne Agee Upgrades BorgWarner (BWA) to Buy

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Deutsche Bank Upgrades BorgWarner (BWA) to Buy

October 17, 2014 6:46 AM EDT

Deutsche Bank upgraded BorgWarner (NYSE: BWA) from Hold to Buy with a price target of $69.00 (from $63.00).

Analyst Rod Lache said, "BorgWarners shares have declined in conjunction with the broader Auto/Auto Parts Universe over the past month due to concerns over the companys... More