Barclays lifts BorgWarner's PT, 2025 EBITDA estimate

BorgWarner

19/05/2025 13:07

** Barclays raises auto parts supplier BorgWarner's BWA.N price target to $42 from $35, an upside of 26% to the stock's last close; rating unchanged at 'overweight'

** Brokerage raises 2025 adj EBITDA estimate to $1.96 bln from $1.78 bln

**
 Says the forecast lift driven by recently announced U.S.-China tariff truce and updated views on light vehicle production

** Barclays says that after China lowered retaliatory tariff to 10% for 90 days, tariff impact to be significantly lower than assumed in the company's guidance

** Co on May 7 reported Q1 profit that beat analysts' estimates

** Eleven of 18 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $36 - data compiled by LSEG

** As of last close, stock had risen 4.8% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))