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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100