** Jefferies highlights the fall of auto parts manufacturer ARB's ARB.AX shares after the U.S. election, despite ambiguity surrounding final tariff regime
** ARB's shares have dropped by 21%, contrasting avg 12% rise seen by Asian auto parts cos — brokerage
** Highlights 25% tariffs on USMCA partners and 20% on China, which led to a retaliatory tariff from China on larger U.S. vehicles
** The 25% extra tariff on steel and aluminium from all countries could affect ARB's ops in Thailand and Australia, but the impact on autos and auto parts remains unclear — Jefferies
** Brokerage observes ARB's expanding U.S. distribution, hinting at potentially significant market opportunity in world's largest 4x4 market
** Rates stock as "hold" at a price target of A$36/shr
** 5 of 14 analysts rate the stock "buy" or higher, 8 "hold" and 1 "sell"; their median PT is A$40.17 — LSEG data
** Stock down 16.4% YTD as of the last close
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk))
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