From Financial Modeling Prep: 2025-04-10 23:19:00

Goldman Sachs upgraded BorgWarner (NYSE:BWA) to a Buy rating from Neutral, with a new price target of $34. The company’s strength in navigating the changing global auto industry was highlighted.

BorgWarner stands out in the automotive parts sector due to limited exposure to U.S. import tariffs, reducing trade tensions risk. Strategic manufacturing in key regions also helps mitigate global tariff threats.

With a significant presence in China, accounting for 20% of revenue, BorgWarner is well-positioned to benefit from the country’s growing EV market. The company’s eProducts lineup aligns with the demand for electric vehicles.

BorgWarner’s strong position in various powertrains, including hybrids and internal combustion engines, gives it a competitive edge as the automotive industry transitions to EVs. The company’s diversified revenue streams provide stability while capturing growth in the EV market.



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