Forvia gains more than 1% and outperforms the trend in Paris, after favorable comments from Stifel, which reaffirms its 'buy' recommendation with a price target raised from 30.5 to 36 euros on the automotive supplier's stock.

The first half of 2023 should show robust revenues, but margin improvement should be more modest", says the broker, who believes that price recovery and cost containment should intensify in the second half of the year.

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