Ford (F) PT Raised to $17 at Goldman Sachs

Goldman Sachs analyst Mark Delaney raised the price target on Ford (NYSE: F) to $17.00 (from $15.00) while maintaining a Neutral rating after previewing Q3.

The analyst commented, "For 3Q21 earnings, we expect the larger auto OEMs (TSLA, GM and F) to benefit from strong pricing, but we believe the automotive supply chain could face more difficult earnings reports given the incremental production cuts stemming from the semi shortages, and increased supply chain costs."

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