Fiat Chrysler downgraded to Sell from Neutral at Citi:
Citi analyst Michael Tyndall downgraded Fiat Chrysler to Sell saying the company has generated "very little cash" through its transformation. "We don't see that as a reason to own the stock," Tyndall tells investors in a research note. He cut his price target for the shares to EUR 5.00 from EUR 6.96.
Fiat Chrysler (FCAU) downgraded to Underweight from Overweight at Barclays with analyst Kristina Church downgrading the stock two notches saying, the company's "highly levered" balance sheet makes it "too risky to own."
Fiat Chrysler’s Jeep and Chrysler nameplates were the most improved brands overall, reducing problems significantly from 2015. Ms. Stephens said both significantly improved the smoothness of their automatic transmissions, an area where they previously struggled.