Core Viewpoint - Stellantis N.V. (NYSE:STLA) is considered one of the best affordable stocks under $30, with recent upgrades in ratings and price targets from Jefferies and Piper Sandler, indicating potential for growth and recovery in the stock price [1][2]. Group 1: Stock Ratings and Price Targets - Jefferies maintained a Buy rating on Stellantis N.V. and set a price target of €13.00 [1]. - Piper Sandler upgraded Stellantis N.V. to Overweight from Neutral and raised the price target to $15 from $9 [1]. Group 2: Market Performance and Investor Sentiment - Stellantis N.V. experienced an 8.6% decline due to concerns over its hydrogen technology strategy and lower trading multiples compared to peers [2]. - Investor expectations are low following several disappointing quarters, but there is a favorable risk/reward outlook for the company [2]. Group 3: Potential Catalysts for Recovery - The US business of Stellantis is expected to improve with market share stabilization and upcoming vehicle launches in 2026, which could enhance competitiveness [3]. - Other potential catalysts include possible brand divestitures, supportive policy developments, and the resumption of share repurchases, all of which could support earnings recovery [3]. Group 4: Company Overview - Stellantis N.V. designs, manufactures, distributes, and sells vehicles under various brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Opel, Peugeot, and others [4].
Piper Believes Stellantis N.V. (STLA) Has the Potential for “Rapid Upside” – Here’s Why