After the difficulties of the last two days, in the wake of the negative data on registrations, the Fiat share is back on the run, gaining 2,18% in the morning to 5,4 euros per share, making it one of the best in the Ftse Mib.
Various factors contribute to push the Lingotto shares. First of all promotion by JP Morgan which, while maintaining the "neutral" opinion on the share, raised the target price, setting it at 6 euros from the previous 4, by virtue of the good forecasts on the results for the second quarter.
Furthermore, to increase the appeal of Fiat, they have arrived sales figures for Chrysler in North America and Canada. The Detroit-based company posted the 43rd consecutive month of growth, a new all-time record for the company. Finally, dragging the title are also the rumors about the production of the new Fiat models in Italy, in the Melfi plant.
No repercussions, for the moment, after the decision of the Council to declare the illegitimacy of article 19 of the Workers' Statute, de facto agreeing with Fiom.