TD Cowen analyst Itay Michaeli lowered the firm’s price target on Autoliv (ALV) to $106 from $116 and keeps a Buy rating on the shares. The firm said Q1 results were reassuring and supportive of its thesis noting their model incorporates the company’s guidance albeit with lower auto production forecasts reflecting tariff and macro risks, though their 2025E NA production is above S&P’s.
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