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Fly News Breaks for July 22, 2015
ALV
Jul 22, 2015 | 06:45 EDT
BofA/Merrill downgraded Autoliv to Neutral and lowered its price target to $120 from $128. The firm said China headwinds were worse than feared and will be difficult to return to outperformance given lower Global JV brand's lower volume growth and negative mix.