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Fly News Breaks for January 29, 2020
Jan 29, 2020 | 07:42 EDT
BofA upgraded BorgWarner (BWA) to Buy from Neutral with an unchanged $52 price target. BorgWarner management continues to execute "admirably" on its "Core to Future" transition by re-positioning its legacy business, investing in and leading future powertrain technology, and executing on strategic M&A, such as its just-announced deal to buy Delphi Technologies (DLPH), the firm stated.
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