UBS Downgrades Stellantis Stock, Slashes Price Target on Tariff Headwinds
Key Takeaways
- UBS downgraded Stellantis’ stock to “netural” and slashed its price target nearly in half.
- The Netherlands-based automaker faces greater headwinds from U.S. tariffs than Detroit-based “Big Three” rivals Ford and General Motors, UBS analysts wrote in a research note.
- The analysts said trade policies jeopardize Stellantis’ plan to take back U.S. market share.
UBS downgraded Stellantis’ stock and slashed its price target for the Jeep and Chrysler parent nearly in half on Monday.
The Netherlands-based automaker will facer greater headwinds from U.S. tariffs than Detroit-based “Big Three” automakers Ford (F) and General Motors (GM), UBS analysts wrote. UBS downgraded the stock to “neutral” from “buy” and reduced its target…
