Morgan Stanley Downgrades Ford Motor to Equal-Weight, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has downgraded Ford Motor from Overweight to Equal-Weight and reduced the price target from $16 to $12.
September 25, 2024 | 11:55 am
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Morgan Stanley analyst Adam Jonas downgraded Ford Motor from Overweight to Equal-Weight, reducing the price target from $16 to $12.
The downgrade from Overweight to Equal-Weight by a major analyst like Adam Jonas at Morgan Stanley is likely to negatively impact Ford's stock price in the short term. The reduction in the price target from $16 to $12 suggests a less optimistic outlook on Ford's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100