BofA analyst Horst Schneider lowered the firm’s price target on Stellantis (STLA) to $8.89 from $11.95 and keeps a Neutral rating on the shares post preliminary second half earnings. The firm still expects a meaningful earnings rebound into 2027, but from a lower base as it is treating 2026 as a transition year and now values shares on a 2027 basis.
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