Autoliv price target raised to $152 from $148 at TD Cowen

TD Cowen raised the firm’s price target on Autoliv (ALV) to $152 from $148 and keeps a Buy rating on the shares. The firm updated its model following Q3 results while noting the Q3 outcome was consistent with Cowen’s relatively more cautious view going in, but said they did deliver some incremental positives such as order intake comments, and lower capex.