Auto supplier stocks: Aptiv and Visteon top BofA's list; BorgWarner and Lear see ratings cuts

3 hours ago 1
BorgWarner technical center. BorgWarner designs and builds transmissions as well as components for electric vehicles.

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Bank of America weighed in on the auto supplier sector on Wednesday after taking in the round of second-quarter earnings reports and guidance updates.

The firm lowered its rating on BorgWarner (NYSE:BWA) to Neutral from Buy. Analyst Federico Merendi and

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