Tiger Brokers

BUZZ-TD Cowen raises BorgWarner PT after Q1 results top estimates

Reuters
May 08, 2025
BUZZ-TD Cowen raises BorgWarner PT after Q1 results top estimates

** TD Cowen raises auto parts supplier BorgWarner's BWA.N price target to $33 from $30, a premium of 9% to the stock's last close

** Cites strong Q1 execution and encouraging 2025 forecast with organic revenue growth standing out

** Adds co's near-term production schedules continue to look good

** Brokerage states co's new business gains momentum in both e-product and foundational, including across North America full-size trucks and SUVs

** " Maintains 'hold' rating on the shares

** 11 of 18 brokerages rate the stock "buy" or higher, 7 "hold"; their median PT is $35- as per LSEG data

** As of last close, stock had fallen 4.8% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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