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Stellantis (NYSE:STLA) Downgraded by Berenberg Bank to "Hold"
Summary by MarketBeat
6 Articles
6 Articles
(Teleborsa) - Sitting in a sharp drop for Stellantis, Italian-French giant of the automotive, who suffers the downgrade to "Hold" from "Buy" by Berenberg, who also cut the target price to 5,10 euros for...
Berenberg classifies BMW from "Hold" to "Buy" and raises the price target to 75 euros. On the stock exchange, however, the purchase recommendation is puffed up.
BMW Stock Gets a Boost From Berenberg While Stellantis Takes a Hit
TLDR Berenberg upgraded BMW to Buy, raising its price target to €75 from €69, citing restructuring progress and a stronger earnings base. BMW trades at around 6x earnings, well below the auto industry average of 13.9x, and is down 34.7% year to date. Stellantis was downgraded to Hold, with its...
Coverage Details
Total News Sources6
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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