Goldman Sachs Upgrades Ford Motor to Buy, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has upgraded Ford Motor (NYSE:F) from Neutral to Buy and increased the price target from $12 to $13.
October 01, 2024 | 12:46 pm
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POSITIVE IMPACT
Goldman Sachs has upgraded Ford Motor from Neutral to Buy, with a new price target of $13, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by a major financial institution like Goldman Sachs is likely to positively influence investor sentiment and could lead to an increase in Ford's stock price. The raised price target to $13 suggests confidence in Ford's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100