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
€59.36
0.850%
With 18 Buy predictions and not the single Sell prediction the community is currently very high on Borgwarner Inc..
With a target price of 64 € there is a slightly positive potential of 7.82% for Borgwarner Inc. compared to the current price of 59.36 €.
