Barclays lifts BorgWarner's PT, 2025 EBITDA estimate

Barclays raises auto parts supplier BorgWarner's BWA.N price target to $42 from $35, an upside of 26% to the stock's last close; rating unchanged at 'overweight'

Brokerage raises 2025 adj EBITDA estimate to $1.96 bln from $1.78 bln

Says the forecast lift driven by recently announced U.S.-China tariff truce and updated views on light vehicle production

Barclays says that after China lowered retaliatory tariff to 10% for 90 days, tariff impact to be significantly lower than assumed in the company's guidance

Co on May 7 reported Q1 profit that beat analysts' estimates

Eleven of 18 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $36 - data compiled by LSEG

As of last close, stock had risen 4.8% YTD