🔴 Stellantis is trading 4.06% down amid Deutsche Bank’s lower price target

Stellantis is trading at €3.82 (-4.06%); reports linked weakness to Deutsche Bank’s lower target.

• October 19 reports linked weakness to Deutsche Bank’s October 15 cut, lowering its target from €5.50 to €4.50 and maintaining Hold.
• The bank cited lower volumes, unfavorable product mix and inflation pressures. The cut predates the move; no fresh company announcement clearly explains the full decline.
• At 10:09 local time, shares were down 3.21%, with volume of 7,264,877 shares.