Mizuho raised the firm’s price target on Autoliv (ALV) to $112 from $95 and keeps an Outperform rating on the shares. The firm sees the U.S. rollback of China tariffs as a positive for macro demand and electric vehicle parts imports, but says lower EV subsidies in U.S. “are a challenge.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALV:
- Autoliv Announces Q2 Dividend and Governance Updates
- Autoliv upgraded to Outperform from Neutral at BNP Paribas Exane
- Autoliv enters pact with ABB FIA Formula E World Championship
- Autoliv price target lowered to SEK 1,012 from SEK 1,347 at Berenberg
- Autoliv price target lowered to $106 from $116 at TD Cowen
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue