Stellantis is trading at $4.91, down 4.01%, after Berenberg downgraded shares to Hold from Buy on September 16, 2026, and cut its price target to €5.10 from €7.80.
- Berenberg cited weak operating leverage, lagging North American margin recovery, and continued inventory destocking.
- Morgan Stanley’s recent Underweight downgrade and broader market weakness following the Federal Reserve’s rate hike added pressure.
- Back-to-back analyst downgrades focused on margin recovery and product-pipeline concerns.