Autoliv price target raised to $106 from $102 at Baird

Baird analyst Luke Junk raised the firm’s price target on Autoliv to $106 from $102 and keeps a Neutral rating on the shares. The firm came away from Q2 results with greater confidence the company will roughly meet expectations in 2023, believing that maintaining full-year organic growth guidance was prudent, but noting that margins seem more back-end loaded than previously.