Ford Stock Needs ‘Decisive Management Action,' Says Former Bull
Portfolio Pulse from
Bernstein analyst Daniel Roeska downgraded Ford stock from Buy to Hold and reduced the price target from $15 to $11, indicating a need for decisive management action.
November 07, 2024 | 1:30 pm
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Bernstein analyst Daniel Roeska downgraded Ford stock from Buy to Hold and reduced the price target from $15 to $11, suggesting a need for decisive management action.
The downgrade from Buy to Hold and the reduction in price target from $15 to $11 by a reputable analyst like Daniel Roeska is likely to negatively impact Ford's stock price in the short term. The call for decisive management action adds to the negative sentiment.
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