Stellantis price target faces Citi axe on lingering ‘risks'
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Citi analysts have reduced the price target for Stellantis NV due to ongoing risks. The company reported a significant 70% drop in profit for 2024 and a 17% decline in sales revenue.
March 04, 2025 | 1:30 pm
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Citi analysts have cut the price target for Stellantis NV due to ongoing risks. The company reported a 70% drop in profit for 2024 and a 17% decline in sales revenue.
The significant drop in profit and revenue, combined with the price target cut by Citi, suggests a negative short-term impact on Stellantis NV's stock price. The company's financial performance and analyst ratings are critical factors for investors.
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