UBS has revised target prices for several major automotive and semiconductor companies, reflecting a cautious outlook.

Stellantis' target price has been lowered to 16 euros per share from 24 euros, while maintaining a Buy rating.

Renault's target price has also been adjusted to 36 euros per share from 50 euros, now holding a Neutral rating.

Forvia sees its target price cut to 13 euros from 17 euros, while STM's target price is reduced to 38 euros from 44 euros, both retaining a Buy rating.

Stellantis is showing stable performance, with technical indicators suggesting a continuation of erratic movement, facing resistance at 12.17 and support at 12.06.

Meanwhile, STMicroelectronics remains substantially stable, with expectations of uncertainty in the upcoming session.

The first resistance level for STM is identified at 25.82, while immediate support is estimated at 25.69.