Wells Fargo analyst Colin Langan lowered the firm’s price target on Autoliv (ALV) to $82 from $84 and keeps an Equal Weight rating on the shares. The firm notes Autolive rose about 6% after providing maintained guidance in the face of tariff risk. The company was able to recover most tariff costs intra quarter. Wells thinks volume guide is optimistic if tariffs hold, putting margin and sales at risk.
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