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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BorgWarner Inc | NYSE:BWA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.33 | 4.01% | 34.51 | 34.62 | 33.04 | 33.26 | 2,367,613 | 22:53:45 |
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Morgan Stanley took the same initiative this week, lifting the industry's outlook to 'Attractive' and in the process the analyst upgraded two of the industry's players, Johnson Controls Inc. (NYSE: JCI) and TRW Automotive Holdings Corp. BorgWarner Inc. (NYSE: BWA) also got its rating upgraded from hold to buy by UBS in the most elegant of ways. UBS stated that BorgWarner's unique positioning in the auto parts industry could result in the company's organic growth to radically exceed that of the industry.
*Free downloadable research reports on Johnson Controls Inc. and BorgWarner Inc. are available by signing up now at http://www.rothmanresearch.com/article/jci/23592/Jun-17-2010.html or http://www.rothmanresearch.com/article/bwa/23593/Jun-17-2010.html
The auto parts industry is now forging ahead as U.S. auto market improves. Now with the world's biggest auto market located in the Far East, the auto part suppliers in the U.S. will be looking forward for growth.
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