Ford: Jefferies cuts target price
(CercleFinance.com) - Jefferies maintains its 'underperform' rating on Ford shares, with a target price cut from $9 to $8, after results that didn't reveal any additional bearish arguments, but didn't really address any of them either.
For the time being, earnings are receding, the broker notes, which reduces its expectations for adjusted EBIT and EPS by 15% and 11% respectively, all on the assumption of globally stable automotive policies that are could deteriorate.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
For the time being, earnings are receding, the broker notes, which reduces its expectations for adjusted EBIT and EPS by 15% and 11% respectively, all on the assumption of globally stable automotive policies that are could deteriorate.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.