Autoliv price target raised to $94 from $81 at Wells Fargo

Wells Fargo analyst Colin Langan raised the price target on Autoliv to $94 from $81 and keeps an Equal Weight rating on the shares following a 9% rally on the back of 2023 guidance. Guidance upside likely depends on price recoveries, which will be challenging if OEM pricing and margins fall, the firm adds.