Goldman Sachs Reaffirms Their Hold Rating on Stellantis (STLA)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs analyst Christian Frenes reaffirmed a Hold rating on Stellantis (STLA) with a €5.00 price target. This follows a Sell downgrade by Bernstein on August 7 and a Hold from RBC Capital on August 12. Frenes, who covers the Consumer Cyclical sector including Ferrari and BMW, has an average return of -5.1% and a 27.78% success rate.
Goldman Sachs analyst Christian Frenes maintained a Hold rating on Stellantis today and set a price target of €5.00.
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According to TipRanks, Frenes is an analyst with an average return of -5.1% and a 27.78% success rate. Frenes covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis.
In addition to Goldman Sachs, Stellantis also received a Hold from RBC Capital’s Tom Narayan in a report issued on August 12. However, on August 7, Bernstein downgraded Stellantis (NYSE: STLA) to a Sell.