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Fly News Breaks for October 30, 2015
BWA
Oct 30, 2015 | 07:06 EDT
RBC Capital downgraded BorgWarner to Sector Perform with a $45 price target on shares. Analyst Joseph Spak said BorgWarner's story is transitioning from a growth story to GARP as it enters a mid-single digit growth phase, and expects the shareholder base will likely churn and credibility has to be rebuilt.
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