Freedom Broker Upgrades Stellantis NV (STLA) to Buy, slightly raises PT
Freedom Broker analyst Dmitriy Pozdnyakov upgraded Stellantis NV (NYSE: STLA) from Hold to Buy with a price target of $8.50 (from $8.00).
The analyst commented, "Automaker Stellantis N.V. (STLA) reported Q1'26 financial results that were broadly in line with consensus expectations and reaffirmed its FY26 guidance. The company returned to positive adjusted operating profit after several loss-making halfyears, although margins remain under pressure. We raise our price target for STLA to $8.50 from $8.00 and upgrade our rating to Buy from Hold."
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Shares of Stellantis NV closed at $7.28 yesterday.