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Autoliv price target raised to $123 from $103 at UBS

UBS raised the firm’s price target on Autoliv (ALV) to $123 from $103 and keeps a Buy rating on the shares. Following the “solid” Q1 earnings and confirmed guidance, the firm sees a potentially lower impact from tariffs than initially expected, the analyst tells investors in a research note. UBS thinks Autoliv management will focus on reinforcing investor confidence on the company’s path to profitable growth.

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