BorgWarner upgraded to Outperform from In Line at Evercore ISI

Evercore ISI upgraded BorgWarner to Outperform from In Line with a price target of $43, up from $39. With most Auto investors barely invested in the sector as “volatile apathy continues to reign supreme,” the firm’s strategy for the group continues to be “Defense as your best Offense” and Top Picks remain Auto Dealers, the analyst tells investors.