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
€34.88
0.780%
With 23 Buy predictions and not a single Sell prediction Borgwarner Inc. is an absolute favorite of our community.
With a target price of 41 € there is a slightly positive potential of 17.56% for Borgwarner Inc. compared to the current price of 34.88 €.
