Autoliv falls after TD Cowen downgrades to 'hold', cuts PT
08/09/2026 11:33
BUZZ-Autoliv falls after TD Cowen downgrades to 'hold', cuts PT ** Shares of airbag maker Autoliv ALV.N fall nearly 2% to $123 premarket
** TD Cowen downgrades stock to "hold" from "buy"; cuts PT to $125.20 from $137, in line with the stock's last close
** Brokerage suggests downside risk to 2027 consensus revenue estimates
** Says Autoliv's growth-over-market has become more regionally uneven and reliant on Asia-Pacific, an issue that could persist into 2027
** Expects most of the profit improvement to show up in Q4, making the near-term earnings picture less consistent
** 13 of 20 brokerages rate the stock "buy" or above, 7 "hold"; median PT at $134 - data compiled by LSEG
** As of last close, stock has risen 5.5% YTD
(Reporting by Miraanta Lowrance in Bengaluru)