Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology

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Go back to Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology

Ford (F) PT Lowered to $21 at Benchmark

October 28, 2022 6:21 AM EDT

Benchmark analyst Michael Ward lowered the price target on Ford (NYSE: F) to $21.00 (from $23.00) while maintaining a Buy rating.

The analyst comments "Ford reported 3Q 2022 earnings of $0.30 per share compared with earnings $0.51 per share in the 2021 period and our estimate for earnings of $0.25... More