Freedom Capital analyst Dmitriy Pozdnyakov upgraded Stellantis (STLA) to Buy from Hold with a price target of $9, down from $11.30, after the automaker released preliminary results last week and delivered sequential auto delivery growth, but flagged the need to pivot strategy amid softer-than-expected EV demand. Following preliminary results, the firm modestly lowered its 2026-27 forecasts, but continues to anticipate a U.S. sales recovery and market share gains, the analyst tells investors.
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