Recommendation. The Forcia stock has gained nearly 20% compared to our buy recommendation dating from the beginning of May… We took a position when the price cut initiated by Tesla raised fears of pressure on the profitability of the automotive sector. The deterioration in the economic climate was also likely to drag down registrations… Finally, we realize that the French automobile market grew by 16% over the first five months of the year thanks to the improvement in supply conditions.
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