BorgWarner Manages Market Shifts
According to BorgWarner Inc. (NYSE: BWA) management, the outlook for the auto industry worsened in the past few months. But you wouldn't know it from the company's second-quarter results released on Thursday. BorgWarner is outperforming its end markets, and to such an extent that management felt compelled to raise full-year sales and earnings guidance.
Let's take a look at a strong quarter for the engine and drivetrain company.
First, a look at the headline numbers:
Source: Fool.com
Borgwarner Inc. Stock
€30.29
-3.950%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 41 € shows a positive potential of 35.38% compared to the current price of 30.29 € for Borgwarner Inc..
