Berenberg lowered the firm’s price target on Autoliv (ALV) to $122 from $125 and keeps a Buy rating on the shares. The firm updated the company’s model following a “mixed” Q4 results. Although uncertainties about market demand and mix will persist over the near term, Autoliv should see “decent” earnings growth in fiscal 2025, supported by strong execution of cost-cutting initiatives, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALV:
Questions or Comments about the article? Write to editor@tipranks.com