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Fly News Breaks for June 24, 2015
ALV
Jun 24, 2015 | 06:43 EDT
Goldman downgraded Autoliv to Sell from Neutral and lowered its price target to $119 from $126. The firm lowered estimates to reflect a lower China growth outlook and increased its antitrust settlement estimate to $150M from $60M for 2015. Goldman sees limited upside to both valuation and consensus estimates and now forecasts a slowdown in buybacks.
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