UBS analyst Juan Perez-Carrascosa downgraded Autoliv to Neutral from Buy with a price target of $86, up from $84. The shares now offer limited valuation upside and the company’s medium-term profitability targets look ambitious, Perez-Carrascosa tells investors in a research note. There are risks of Autoliv not achieving its profitability metrics, says the analyst, who sees downside risk to consensus estimates.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ALV: