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Stellantis Downgraded to Hold by UBS

UBS downgrades Stellantis to hold

STLAUBS

STLA UBS downgraded Stellantis to hold from buy. S. turnaround hasn't materialized as expected despite a Decent market backdrop. I am not sure about their viability.

The stock, which is up nearly 2% premarket, ended last week down 47% year to date. The other members of Detroit's Big Three, GM and Ford, are both up for the year. - per Cramer Investing Club Newsletter