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Fly News Breaks for February 8, 2019
FCAU
Feb 8, 2019 | 05:14 EDT
Barclays analyst Brian Johnson downgraded Fiat Chrysler to Equal Weight and lowered his price target for the shares to EUR 15 from EUR 18. The analyst is surprised by the "NAFTA earnings plateau" and views the company's 2020 targets as aggressive. Fiat's NAFTA region sales were below estimates in Q4 and also in its outlook, says Johnson.
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