B of A Securities Maintains Buy on Autoliv, Lowers Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Jacks maintains a Buy rating on Autoliv (NYSE:ALV) but lowers the price target from $137 to $134.
October 03, 2024 | 11:16 am
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Autoliv but lowers the price target from $137 to $134, indicating a slight adjustment in expected valuation.
The Buy rating suggests continued confidence in Autoliv's performance, but the lowered price target indicates a slight reduction in expected valuation. This could lead to a neutral short-term impact as the overall positive sentiment is tempered by the adjusted target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100