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Fly News Breaks for July 31, 2015
BWA
Jul 31, 2015 | 09:45 EDT
Baird said BorgWarner is no longer a top idea but they are still buyers of the shares. The firm said investors are losing confidence after several bad quarters but they remain confident its end market issues and margins will return by year end. Baird maintained its Outperform rating but lowered its price target to $61 from $70 on BorgWarner shares.
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