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Fly News Breaks for November 5, 2019
ALV
Nov 5, 2019 | 05:04 EDT
Mizuho analyst Vijay Rakesh upgraded Autoliv to Buy from Neutral with a price target of $91, up from $80. An improving 2020-2021 auto outlook with easier compares, continued airbag market share gains versus Takata, and lower product launch costs position Autoliv well, Rakesh tells investors in a research note. The analyst believes 2020 could set up for better auto growth after 2019 saw headwinds from China emission regulations, European tariff worries, and emission regulations in Europe.
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