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Fly News Breaks for August 27, 2019
BWA
Aug 27, 2019 | 06:14 EDT
Nomura Instinet analyst Anindya Das started BorgWarner with a Buy rating and $41 price target. Amid softening global auto demand, the company's "fuel-saving" products serve a growth area that capitalizes on the "structural change sweeping through the global auto industry," Das tells investors in a research note. He believes BorgWarner is potentially positioned for faster medium-term sales growth relative to peers.
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