Stellantis shares rise following UBS upgrade
Shares of automaker Stellantis N.V. jumped more than 7% on Wednesday after Swiss investment bank UBS Group AG upgraded the company to a “Buy” rating. UBS expects Stellantis to make a strong “comeback” in 2025, benefiting from less stringent U.S. emissions rules that will allow the company to focus more on gas-powered vehicles, Azernews reports, citing foreign media.
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