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Fly News Breaks for April 27, 2018
BWA
Apr 27, 2018 | 08:39 EDT
Baird analyst David Leiker said the pullback in BorgWarner shares following Q1 results is offering an attractive entry point. The analyst said he saw no weak links in the Q1 results as all products and regions outperformed. He also noted the Hybrid/EV businesses are not receiving any appreciation at current prices. Leiker reiterated his Outperform rating and raised his price target to $76 from $75 on BorgWarner shares.
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