Autoliv profit misses consensus as chip shortage curbs outlook

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Autoliv, Inc. (ALV) PT Lowered to $112 at Mizuho Securities

July 19, 2021 6:56 AM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on Autoliv, Inc. (NYSE: ALV) to $112.00 (from $115.00) while maintaining a Buy rating.

The analyst commented, "ALV reported a good JunQ with rev/EPS of $2.0B/$1.20 (consensus $2.1B/$1.41). Revenue was up 93% y/y, with... More