Stellantis collapses on the bag with duties in Mexico and Target Price cutting

Stellantis launches autonomous driving technology with your hands free and

(Finance) – They arrive Two discount reviews of the Target Price For StellantisItalian-French giant in the automotive sector. In particular, Citigroup lowered the target price to 12 euros from the previous 13 euros, while JpMorgan He lowered it to 16 euros from the previous 17 euros (confirmed overweight rating).

The title accuses today, like the other European car manufacturers, the impact ofEntry into force of the US duties of 25% on imports from Mexico and Canada. Stellantis – as well as Volkswagen And BMW – It has production sites in Mexico. According to the association of the Mexican automotive industry, Stellantis and Volkswagen are the two major European exporters of light vehicles in North America from Mexico.

Stellantis Record one flexion of 5.34% Compared to the eve, eating at 11.67 euros. Operating, an extension is expected to be an extension of the curve with a support area seen at 11.51 and subsequent to 11.35. Resistance to 11.96.

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