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BorgWarner price target raised to $37 from $36 at Piper Sandler

Piper Sandler raised the firm’s price target on BorgWarner (BWA) to $37 from $36 and keeps an Overweight rating on the shares. The firm still likes used car tech stocks, and notes that tariffs are still a source of uncertainty, but less so than a few months ago. EV sales momentum is regionalizing as China and Europe left the U.S. behind, Piper says.

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