Wells Fargo Maintains Underweight on Ford Motor, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Colin Langan has maintained an 'Underweight' rating on Ford Motor (NYSE:F) and raised the price target from $10 to $11.
July 10, 2023 | 3:33 pm
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NEUTRAL IMPACT
Ford Motor's price target has been raised from $10 to $11 by Wells Fargo, though the 'Underweight' rating is maintained.
The news is directly about Ford Motor. The raised price target indicates a positive outlook, but the 'Underweight' rating suggests that the analyst believes the stock may underperform the market or its sector. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100