BorgWarner Has Hidden Value In A Hybrid-Heavy Future: Analyst

Goldman Sachs analyst Mark Delaney upgraded BorgWarner Inc. BWA from Neutral to Buy, with a price forecast of $34.Per Delaney, BorgWarner has a below-average level of U.S. imports, which means it faces relatively limited risk from ongoing or future tariffs.In contrast to many Western suppliers that have struggled in China due to an unfavorable customer mix, BorgWarner stands out with a stronger positioning in the region.Also Read: Goldman Sachs Hits The Brakes: Auto Tariffs & Slumping Demand May Shake Up Fo ...