BorgWarner higher after RBC upgrade

|About: BorgWarner Inc. (BWA)|By:, SA News Editor

RBC Capital boosts BorgWarner (NYSE:BWA) to an Outperform rating from Sector Perform after factoring in the company's Q4 earnings report.

Analyst Joseph Spak thinks the sell-off in the sector over diesel engine concern in Europe is overblown.

RBC keeps a price target of $63 on BorgWarner to rep 21% upside potential from yesterday's close. Shares are up 6.70% in premarket tradinf to $55.42.

Previously: BorgWarner beats by $0.06, beats on revenue (Feb. 8)

Sources: Nasdaq.com, Bloomberg

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