Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on BorgWarner to $58 from $53 and keeps a Buy rating on the shares. The analyst says the company’s "strong" Q4 beat and "solid-yet-conservative" 2023 outlook provides confirmation of its revenue acceleration towards "best-in-class growth above market profile."
Published first on TheFly
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- BorgWarner price target raised to $56 from $50 at Baird
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