Wells Fargo Maintains Underweight on Ford Motor, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Underweight rating on Ford Motor and lowers the price target from $10 to $9.
September 10, 2024 | 2:29 pm
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Wells Fargo analyst Colin Langan has maintained an Underweight rating on Ford Motor and reduced the price target from $10 to $9, indicating a bearish outlook.
The Underweight rating and lowered price target suggest a negative outlook on Ford's stock, likely leading to a short-term decrease in stock price as investors react to the bearish sentiment.
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