Berenberg upgraded Stellantis (STLA) to Buy from Hold with a $11.20 price target The company’s earnings recovery may take time but the share narrative is improving on a better inventory situation in the U.S. and a “supportive” product pipeline ahead, the analyst tells investors in a research note. The firm expects sequential improvement into the second half of 2025 and beyond for Stellantis, supported by new model launches.
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