Ford halting Venezuela production until April, executive says

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Go back to Ford halting Venezuela production until April, executive says

Instinet Raises Price Target on General Motors (GM) to $34

December 21, 2016 7:59 AM EST

Instinet reiterated a Neutral rating on General Motors (NYSE: GM), and raised the price target to $34.00 (from $33.00). Instinet expects the company's North American wholesale sales to fall by 11% y-y in 2017. The fall will be driven primarily by an inventory adjustment, following the buildup this year.

Analyst Anindya Das commented, "We expect GMs North American (NA)... More

Instinet Raises Price Target on Ford Motor (F) to $14.50; Reiterates Buy

December 21, 2016 7:40 AM EST

Instinet reiterated a Buy rating on Ford Motor (NYSE: F), and raised the price target to $14.50 (from $14.00), after adjusting estimates.

Analyst Anindya Das commented, "We have adjusted our estimates for the inventory drawdown in 2016 to allow for Fords production adjustments in... More