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RBC Capital Cuts Price Targets on BorgWarner and DR Horton Shares

Dow Jones Newswires reports RBC Capital lowered its price targets on BorgWarner to $75 and DR Horton to $114 per share, reflecting a revised analyst view of both stocks.

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what happened

Dow Jones Newswires reported that RBC Capital reduced its price target on BorgWarner shares to $75 per share from $87. The report cites ratings actions compiled by Benzinga and was published at 15:37 UTC on October 30, 2026.

Later the same day, at 15:56 UTC, the same firm cut its price target on DR Horton shares to $114 per share from $119, according to the same source.

why it matters

Analyst price target revisions reflect current views on companies' prospects and usually move individual stocks more than the broader market. Investors weigh such changes alongside earnings and other company data.

tags

Analyst RatingStockUnited States

instruments

BorgWarnerDR Horton

sources

  1. BorgWarner Price Target Cut to $75.00/Share From $87.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 15:37 UTC
  2. DR Horton Price Target Cut to $114.00/Share From $119.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 15:56 UTC
  3. First Solar Price Target Cut to $232.00/Share From $236.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 16:22 UTC
  4. Intel Price Target Cut to $75.00/Share From $100.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 16:30 UTC
  5. Merck Price Target Cut to $140.00/Share From $145.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 17:00 UTC
  6. Rocket Cos. Price Target Cut to $14.00/Share From $16.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 17:20 UTC
  7. Hershey Price Target Cut to $190.00/Share From $206.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 17:32 UTC
  8. Stryker Price Target Cut to $375.00/Share From $420.00 by RBC Capital — Dow Jones Newswires, 30 October 2026 at 17:28 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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