Baird lowered the firm’s price target on Autoliv to $111 from $128 and keeps a Neutral rating on the shares. The firm noted shares fell foloowing its dificult Q2 results punctuated by outsized June weakness, plus reduced 2024 expectations overall. The company is controlling what they can, but a challenging near-term backdrop is likely to constrain investor interest even after the stock’s correction.
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:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue