Here are Thursday's biggest calls on Wall Street.
Here are Thursday's biggest calls on Wall Street: Goldman Sachs downgrades Advance Auto Parts to neutral from buy Goldman downgraded the stock after its disappointing earnings report Wednesday. "We are downgrading AAP to Neutral from Buy due to concerns regarding near-term execution and share loss in the company's DIFM business, ongoing margin erosion, and, in our view, the lack of a clear near-term catalyst to drive a multiple re-rating." Read more about this call here.
" Deutsche Bank adds a catalyst call buy on BorgWarner Deutsche said the automotive supplier is one of the "best EV stories." "BorgWarner intends to spin its aftermarket and fuel systems segments into a standalone company called PHINIA, which could deliver stable low DD margins and strong FCF generation...
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