Morgan Stanley Reiterates Overweight on Ford Motor, Maintains $16 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has reiterated an Overweight rating on Ford Motor (NYSE:F) and maintained a $16 price target.
August 04, 2023 | 9:27 am
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Morgan Stanley has reiterated an Overweight rating on Ford Motor and maintained a $16 price target.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Ford Motor. The maintained price target of $16 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100