By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) – Stellantis beat its profitability target in the first year following its creation from the merger of Fiat Chrysler and Peugeot maker PSA, boosting hopes the automaker can cope with rising raw material costs and a shortage of semiconductor chips. Milan-listed shares in the world’s No.4 carmaker were up 6.5% in Wednesday afternoon trading. The company, whose brands include Jeep, Ram, Opel and Maserati, reported an adjusted operating profit margin of 11.8% in 2021, above its target of around 10%. That was thanks to strong progress on syn…