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Fly News Breaks for October 17, 2019
ALV
Oct 17, 2019 | 09:04 EDT
As previously reported, Evercore ISI analyst Chris McNally upgraded Autoliv to In Line from Underperform citing seasonality, the company's upcoming Capital Markets Day and as he rolled forward his auto supplier targets to 2021. On the broader supplier group, though he sees a roughly 15% "seasonal rally" as possible, he struggles to turn enthusiastic for anything other than a seasonal "trading call," McNally tells investors.
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