Goldman Sachs raised the firm’s price target on BorgWarner (BWA) to $52 from $45 and keeps a Buy rating on the shares. The firm increased its 2025 U.S. auto forecast to 16.2M from 15.75M and 2026 forecast to 16.0M from 15.5M vehicles, citing solid year-to-date sales, Goldman’s leading indicators analysis suggesting better demand for vehicles, and “relatively benign” pricing actions from the industry in response to tariffs. It also reduced its U.S. battery electric vehicle mix assumptions for 2026 and beyond.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BWA:
- Barclays (BCS) ‘Positively Surprised’ at U.S. Auto Industry’s Resilience to Trump Tariffs
- Barclays raises U.S. autos and mobility sector outlook to Neutral
- Synopsys downgraded, Oracle upgraded: Wall Street’s top analyst calls
- BorgWarner downgraded to Neutral at BofA on limited upside
- BorgWarner downgraded to Neutral from Buy at BofA