Ford Hits Speed Bump, But Is It Temporary? Analysts Differ
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Shares of Ford Motor Co (NYSE:F) tanked in early trading on Tuesday, after the company reported its third-quarter results.
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
- Bank of Securities analyst John Murphy maintained a Buy rating, while reducing the price target from $20 to $19.
- RBC Capital Markets analyst Tom Narayan reiterated a Perform rating and price target of $10.
Check out other analyst stock ratings.
Bank of America Securities: Ford reported adjusted earnings of 49 cents per share, in-line with consensus, Murphy said. “The slight operating miss was driven by lighter Ford Blue results,” mainly due to a forex headwind, …
Full story available on Benzinga.com
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