NEW YORK, June 13 (Reuters) - Many analysts expect shares of auto-parts maker BorgWarner Inc. to climb to $50 or more within the year from a closing price last Thursday of $43.07, according to Barron's.
BorgWarner is projected to increase its earnings by 11 percent to 14 percent this year, in part due to the company's fuel-efficient engine technology in Europe, and four-wheel drive systems in North America, the paper said.