Stellantis Downgraded to Hold by UBS
UBS downgrades Stellantis to hold
STLA UBS downgraded Stellantis to hold from buy.
Analysts said the Jeep, Dodge and Chrysler owner's U.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