BUZZ-Piper Sandler raises Stellantis to 'overweight' on U.S. turnaround expectation
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Piper Sandler has upgraded Stellantisto 'overweight' from 'neutral', anticipating significant upside due to faster-than-expected margin expansion. The price target for NY-listed shares is raised to $15 from $9, with expected adjusted operating margins of 3.6% in 2026 and 4.7% in 2027. The firm sees a likely turnaround in the U.S. market, bolstered by new product launches in 2026. Among 11 analysts, one rates the stock 'buy', seven 'hold', and three 'strong sell' or 'sell', with a median price target of $10.25.
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