Guggenheim lowered the firm’s price target on BorgWarner (BWA) to $38 from $39 and keeps a Buy rating on the shares. The firm is updating estimates for its auto supplier coverage following Q4 results, noting that 2025 guidance for the group is “appropriately conservative.”
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Read More on BWA:
- BorgWarner price target lowered to $40 from $42 at BofA
- BorgWarner price target lowered to $40 from $45 at Morgan Stanley
- BorgWarner price target lowered to $42 from $43 at Barclays
- BorgWarner price target lowered to $34 from $36 at Baird
- BorgWarner’s Restructuring Gamble: Navigating Risks and Uncertainties
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