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BofA Downgrades Stellantis on Chinese EV Threat: Is the Turnaround Story Already Dead?
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BofA Downgrades Stellantis on Chinese EV Threat: Is the Turnaround Story Already Dead?
The post BofA Downgrades Stellantis on Chinese EV Threat: Is the Turnaround Story Already Dead? appeared first on 24/7 Wall St.. Quick Read Bank of America downgraded Stellantis (STLA) stock to Underperform from Neutral with a EUR 5.50 price target, citing unproven recovery and intensifying pressure from Chinese EV makers. Stellantis faces a steeper turnaround path than recent stock gains suggested, with margin deterioration in Europe and Asi…
·New York, United States
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