UBS downgraded Stellantis's rating from “buy” to “neutral” and the target price from 9.5 euros to 5.8 euros, pointing out that despite the good overall market environment, its expected recovery in the US business has not been achieved.

UBS downgraded Stellantis's rating from “buy” to “neutral” and the target price from 9.5 euros to 5.8 euros, pointing out that despite the good overall market environment, its expected recovery in the US business has not been achieved.