Barclays Downgrades Fiat Chrysler Automobiles NV (FCA:IM) (FCAU) to Equalweight

February 8, 2019 5:31 AM EST
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Price: $142.39 -5.38%

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Barclays analyst Brian Johnson downgraded Fiat Chrysler Automobiles NV (FCA:IM) (NYSE: FCAU) from Overweight to Equalweight with a price target of EUR15.00 (from EUR18.00).

The analyst calls the Q2 results "solid" but notes the soft guidance and therefore steps to the sidelines "until visibility improves."

For an analyst ratings summary and ratings history on Fiat Chrysler Automobiles NV click here. For more ratings news on Fiat Chrysler Automobiles NV click here.

Shares of Fiat Chrysler Automobiles NV closed at EUR15.08 yesterday.

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