WEB EXTRA: Analyst bullish on Chysler IPO

While many analysts have expressed skepticism about whether Fiat Chrysler can hit the ambitious targets in its five-year plan, Morningstar believes the street has unfairly discounted the combined company's capabilities--and Marchionne's acumen.

They foresee a doubling in the stock price over the next three years, but only for investors who are willing to assume greater than average risk.

Richard Hilgert, a Morningstar Senior Equity Analyst focusing on the auto industry, explains why he's more bullish on the company's prospects than other analysts.