Wells Fargo Maintains an 'Outperform' on BorgWarner (BWA); Adding To Priority Stock List

Wells Fargo maintains an 'Outperform' on BorgWarner (NYSE: BWA) price target remains unchanged.

Wells analyst says, "We are adding BWA to the Priority Stock List. In our view, the company has the best secular growth story in our automotive universe. We believe risk/reward is favorable at current levels given the company's long term top line growth prospects and margin potential. Further, we estimate BWA's earnings could be more resilient in 2012 relative to other suppliers."

For more ratings news on BorgWarner click here and for the rating history of BorgWarner click here.

Shares of BorgWarner closed at $66.04 yesterday.

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