Deutsche Bank Sees Ford's (F) UAW Agreement Passing, Trims Price Target
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Price: $14.37 +3.46%
Rating Summary:
12 Buy, 23 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 23 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Earlier, Deutsche Bank trimmed its price target on Ford (NYSE: F) from $15.50 to $15 following the UAW vote which stands at 62% in favor as of Sunday evening.
The firm said the agreement looks like it will now likely pass.
The analyst stated, "It now appears likely the deal will pass, as the remaining 40% of the workforce would need to vote approx 70% No in order to swing the overall outcome."
For more ratings news on Ford click here and for the rating history of Ford click here.
Shares of Ford closed at $11.56 yesterday.
The firm said the agreement looks like it will now likely pass.
The analyst stated, "It now appears likely the deal will pass, as the remaining 40% of the workforce would need to vote approx 70% No in order to swing the overall outcome."
For more ratings news on Ford click here and for the rating history of Ford click here.
Shares of Ford closed at $11.56 yesterday.
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