Deutsche downgrades Autoliv to Hold on ‘tougher’ 2026 setup

Deutsche Bank analyst Edison Yu downgraded Autoliv (ALV) to Hold from Buy with a $133 price target The firm sees a “tougher” setup for the company in 2026 with auto production expected to decline. While Autoliv can cut additional costs, there is no path to a 12% operating margin in 2026, the analyst tells investors in a research note. As such, Deutsche thinks the stock could be range-bound over the next 12 months with the market wanting ore growth to support higher stock levels.