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J.P. Morgan Sticks to Its Hold Rating for Stellantis (STLA)

Tipranks - Tipranks - Fri Jul 31, 2:46PM CDT

In a report released today, Jose Asumendi from J.P. Morgan maintained a Hold rating on Stellantis, with a price target of €6.00.

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According to TipRanks, Asumendi is a 3-star analyst with an average return of 0.9% and a 48.49% success rate.

In addition to J.P. Morgan, Stellantis also received a Hold from Bernstein’s Stephen Reitman in a report issued today. However, on July 27, Piper Sandler downgraded Stellantis (NYSE: STLA) to a Sell.

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The company has a one-year high of €10.49 and a one-year low of €4.59. Currently, Stellantis has an average volume of 33.37M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STLA in relation to earlier this year.

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