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Autoliv (ALV) Posts Mixed Q2 Results; Offers Guidance

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Piper Jaffray Cuts Price Target on Autoliv (ALV) Following 2Q Results and Guidance

July 25, 2016 9:18 AM EDT

Piper Jaffray reiterated a Neutral rating on Autoliv, Inc. (NYSE: ALV), and cut the price target to $104.00 (from $123.00), following the company's 2Q. Revenue of $2.58B was below the Street estimates of $2.64B but adjusted EPS of $1.75 was better than expected (the consensus estimates was $1.70).... More