Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants

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Go back to Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants

'Detroit’s Having a Gas': Morgan Stanley sees more upside in Ford (F) stock

April 5, 2024 1:42 PM EDT

Morgan Stanley raised its price target for Ford Motor (NYSE: F) to $17 from $16 per share in a note Friday, telling investors that "Detroit's having a gas." The firm maintained Overweight-rated Ford as a top pick.

The investment bank said slower electric... More

Ford (F) PT Raised to $17 at Morgan Stanley, 'Top Pick'

April 5, 2024 11:26 AM EDT

Morgan Stanley analyst Adam Jonas raised the price target on Ford (NYSE: F) to $17.00 (from $16.00) while maintaining a Overweight rating.

The analyst comments "Slower EV adoption a positive for the FCF outlook and capital return profile for US legacy automakers. Following Fords... More