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Autoliv price target raised to $112 from $94 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner raised the firm’s price target on Autoliv to $112 from $94 and keeps a Buy rating on the shares. The company’s "strong" Q4 earnings and newly initiated fiscal 2023 margin guidance reflect successfully implemented price increases, internal cost reductions, and its ability to operate under challenging conditions, the analyst tells investors in a research note. The firm thinks Autoliv is well positioned for strong earnings growth even at flat industry volumes.

Published first on TheFly

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