L'analista di Bernstein ritiene improbabile che sotto il mandato di Marchionne si possa avere il merger che si attende il mercato. Nonostante questo, la raccomandazione rimane Market Perform
Bernstein doesn't think Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne will pull off a "supernova" M&A event before he retires at the end of 2018.
Analyst Max Warburton doesn't see the interest from Detroit or Germany and notes that a Chinese automaker would need backing from Beijing.
He also sees some difficulty in Fiat unloading Jeep or Maserati/Alfa Romeo.
The cautious take from Bernstein arrives with shares of Fiat up 53% over the last three months to make it the top performer in the Stoxx 600, according to Bloomberg.
Bernstein keeps a Market Perform rating on Fiat.
