Wells Fargo Maintains Equal-Weight on Autoliv, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Autoliv (NYSE:ALV) and increased the price target from $101 to $107.
January 29, 2024 | 3:02 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Autoliv and raised the price target from $101 to $107, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive sentiment towards Autoliv's stock performance in the short term. As price targets often influence investor perception and can lead to price movements, this revision could result in a short-term uptick in ALV's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100