BofA backs Stellantis after tough first half: Is it a Buy?
STLAStellantis(STLA) Invezz·2024-07-10 14:31

Bank of America recently reaffirmed its bullish stance on Stellantis N.V. (NYSE: STLA), despite the automaker’s rocky start to 2024. The first half of the year was marred by several setbacks, including go-to-market mistakes, foreign exchange challenges, and delays in new launches.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.These hurdles contributed to a 16.3% drop in Stellantis’ stock year-to-date. However, BofA analyst Michael Jacks believes thes ...