Stellantis Shares Slide After BofA Downgrade Over Europe Worries
Analysts See Weak Results Ahead and Major BEV Hurdles in Europe

Stellantis (NYSE: STLA) shares slipped nearly 5% in premarket trading Monday after Bank of America (BofA) downgraded the auto giant’s stock from Buy to Neutral, citing mounting issues in Europe and fears of disappointing financial results. The bank also cut its price target dramatically—from €16 to €10, which translates to a drop from $17.25 to $10.78 USD.

Stellantis Shares Slide After BofA Downgrade Over Europe Worries
Stellantis shares slide nearly 5% after BofA downgrade. Concerns over Europe amplify fears of disappointing financial results.
