
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