Morgan Stanley Sees Drivetrain as New Growth Engine for BorgWarner
February 19, 2014 at 09:41 AM EST
In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating and $63.00 price target on BorgWarner (NYSE: BWA ). In the report, Morgan Stanley noted, “While most of the focus at BWA is trained on the Engine biz (which continues to tick along nicely), Drivetrain has