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Fly News Breaks for September 15, 2017
ALV
Sep 15, 2017 | 04:57 EDT
Citi analyst Itay Michaeli raised his price target for Neutral-rated Autoliv to $129 to reflect the company's guidance and the announced potential split of its segments. The catalyst for a potential separation likely came from stronger Passive Safety financial performance, which can "arguably justify a solid standalone multiple," the analyst contends.
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