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Fly News Breaks for January 12, 2017
BWA
Jan 12, 2017 | 07:48 EDT
Baird analyst David Leiker noted BorgWarner pre-announced guidance that was below expectations, though he would use any weakness as a buying opportunity. He cited the company's solid organic revenue performance in addition to its backlog contribution in the technology area. Leiker reiterated its Outperform rating and $45 price target on BorgWarner shares.
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