Paralel Advisors Buys New Stake in BorgWarner Shares
Paralel Advisors LLC purchased 42,615 shares of BorgWarner valued at about $2.83 million. The filing also notes new positions by Prosperity Bancshares and Cedar Mountain Advisors. Director Rajesh Kalathur bought 7,407 shares for about $500,639. Analysts reiterated outperform or overweight calls and raised price targets for BorgWarner.