Jefferies Downgrades Ford Motor to Hold, Lowers Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Philippe Houchois has downgraded Ford Motor (NYSE:F) from Buy to Hold and lowered the price target from $17 to $15.

July 31, 2023 | 9:05 am
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Ford Motor's rating has been downgraded from Buy to Hold by Jefferies, with a lowered price target of $15.
The downgrade from Buy to Hold indicates a less optimistic outlook for Ford Motor's stock. The lowered price target from $17 to $15 also suggests that the analyst sees less upside potential in the stock, which could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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