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Brokerages reiterate BorgWarner with “moderate buy” and higher price targets

BorgWarner logoBorgWarner
Sig1.08Sen+2.62Env0.00Soc0.00Gov0.00

Brokerage reports cite an average 12-month price target of $76.67 for BorgWarner. Wolfe Research reiterated an outperform rating with a $95.00 target. TD Cowen raised its target to $68.00 with a hold rating, while JPMorgan increased its objective from $75.00 to $85.00 and kept an overweight rating. The summary also notes additional share purchases by major asset managers.

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