HSBC Downgrades Stellantis to Reduce Rating, Cuts PT

HSBC on Friday downgraded carmaker Stellantis (STLAP.PA, STLAM.MI) to reduce from hold and lowered its price target to 4 euros from 5.50 euros. ( covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: )