TD Cowen analyst Itay Michaeli raised the firm’s price target on BorgWarner (BWA) to $67 from $66 and keeps a Hold rating on the shares. The firm updated its model following Q1 results which left them more constructive on the story as earnings resilience, new auto wins, and non-auto product expansion improves the setup for 2027 with revenue poised to inflect for both auto and non-auto.
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Read More on BWA:
- BorgWarner price target raised to $61 from $56 at UBS
- BorgWarner price target raised to $75 from $70 at Barclays
- BorgWarner reports Q1 adjusted EPS $1.24, consensus $1.17
- BorgWarner backs FY26 adjusted EPS view $5.00-$5.20, consensus $5,16
- BorgWarner wins two awards in Asia for combustion and hybrid powertrain