RBC Capital Resumes BorgWarner (BWA) at Outperform

RBC Capital resumes coverage on BorgWarner (NYSE: BWA) with a Outperform rating and a price target of $87.00.

The analyst comments "BWA's dominant foundational product portfolio, commanding the #1 global position in turbochargers, EGRs, timing systems, and transfer cases, provides a durable earnings base, while its turbine generator system opens a compelling new avenue for growth in AI data center infrastructure. eProduct growth is deferred, not derailed, with a China backlog already skewed toward NEVs. The stock is undervalued at current levels. We initiate at Outperform, with an $87 PT."

For an analyst ratings summary and ratings history on BorgWarner click here. For more ratings news on BorgWarner click here.

Shares of BorgWarner closed at $64.09 yesterday.

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