Wells Fargo analyst Colin Langan has revised the price target for Autoliv (ALV, Financial) from $84 to $82 while maintaining an Equal Weight rating on the stock. This adjustment comes as the company managed to sustain its guidance despite tariff challenges, resulting in a 6% increase in its share price.
Even though Autoliv successfully managed to offset most of the tariff-related expenses within the quarter, Wells Fargo highlights concerns over the optimistic volume guidance. The firm cautions that persistent tariffs could potentially impact both sales and profit margins for Autoliv.
