Ford (F) EV Sales Tripled in September; F-150 Lightning Continues as Best-Selling EV Pickup
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Morgan Stanley Upgrades Ford (F) to Overweight; Cuts Price Target on General Motors (GM)
October 5, 2022 7:34 AM EDTMorgan Stanley upgraded coverage on Ford Motor Company (NYSE: F) to Overweight (from Equal-Weight) and lowered their price target on General Motors (NYSE: GM) to $30 (from $42) based on valuation and preference.
Analyst, Adam Jonas wrote in a note, Our preference for Ford vis-Ã -vis GM is driven by our views of the business portfolio and strategy. Both... More
Ford Motor (F) Total U.S. Sept. Sales Decline 8.9%
October 4, 2022 9:16 AM EDTFord Motor Company (NYSE: F) today reported its September 2022 U.S. sales results. Click... More
General Motors (GM) Closes at $33 IPO Price; Morgan Stanley Remains Neutral
September 30, 2022 8:42 AM EDTMorgan Stanley reiterated an in-line rating and $42.00 price target on General Motors (GM) after the automotive company closed at its $33 IPO Price on Thursday. GMs share price has appreciated 0% over what some analysts believe may have been one of the greatest areas of consumer credit/auto credit tailwinds in history. Over the same time,... More
UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'
September 30, 2022 7:24 AM EDTUBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year.
Analyst, Patrick Hummel wrote in a note that it is overwhelmingly likely that rapidly weakening macro data have a severe negative impact on auto demand in 2023, in all... More
