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TD Cowen raises BorgWarner PT after Q1 results top estimates

ReutersMay 8, 2025 12:57 PM

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

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