BorgWarner Reports Third Quarter 2017 U.S. GAAP Net Earnings of $0.88 Per Diluted Share, or $0.95 Per Diluted Share Excluding Non-Comparable Items

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Go back to BorgWarner Reports Third Quarter 2017 U.S. GAAP Net Earnings of $0.88 Per Diluted Share, or $0.95 Per Diluted Share Excluding Non-Comparable Items

BorgWarner (BWA) PT Raised to $62 at Jefferies Following 3Q Beat

October 27, 2017 9:28 AM EDT

Jefferies raised its price target on BorgWarner (NYSE: BWA) to $62.00 (from $59.00) while maintaining a Buy rating following the company's 3Q earnings release. Adjusted EPS of $0.95 beat consensus estimates of $0.90 & $0.87 as outsized organic growth of 10.8% drove upside.

BWA posted 30 bps yr/yr adj.... More