Stellantis stock slips as JPMorgan downgrades on delayed payoff from cost cuts
Investing.com -- J.P. Morgan on Thursday downgraded Stellantis (BIT:STLAM) (NYSE:STLA) to Neutral from Overweight and nearly halved its price target to €6 from €10, saying the automaker still needs roughly 14 months before cost savings from cheaper component purchases feed through into new model launches slated for 2027-28.
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