Ford (F) recalls over 2M Explorer SUVs worldwide
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Redburn starts Tesla (TSLA) and Ford (F) at Sell
January 24, 2024 2:49 PM ESTRedburn Atlantic has initiated coverage on Ford Motor (NYSE: F) and Tesla (NASDAQ: TSLA) with Sell ratings. For Ford, Redburn set a 12-month price target of $10.00, citing a review of the automaker's cost structure, which indicates minimal improvement until a more robust electric vehicle (EV) platform is developed.
We expect the group [Ford] to underperform its peers in this regard over the next two years, wrote Redburn analysts in a note.
It's worth noting that in Q4... More
Midday movers: Netflix gains, ASML spurs rally in chip stocks
January 24, 2024 8:09 AM EST(Updated - January 24, 2024 11:37 AM EST)
Investing.com -- Main U.S. indexes rose Wednesday, boosted by generally positive corporate results as the quarterly earnings season kicks into top gear. Netflix led mega-cap tech stocks higher and results from ASML lifted semiconductor names.
Here are some of the biggest U.S. stock movers today:
Netflix (NASDAQ: NFLX) stock rose 12% after the streaming giant reported the addition of far more paying subscribers in the fourth quarter than expected, helped by a slate of popular programming.
AT&T (NYSE:... More
Ford recalls 2.24 million Ford Explorer SUVs over trim-retention clips
January 24, 2024 7:21 AM ESTBy David Shepardson
WASHINGTON (Reuters) -Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide because trim retention clips may not be properly engaged.
The recall includes 1.89 million SUVs in the United States and covers 2011 through 2019 model year vehicles because the trim could detach, said the National Highway Traffic Safety Administration (NHTSA) on Wednesday.
Ford said it was... More
Redburn Starts Ford (F) at Sell
January 24, 2024 2:59 AM ESTRedburn analyst Adrian Yanoshik initiates coverage on Ford (NYSE: F) with a Sell rating and a price target of $10.00.
For an analyst ratings summary and ratings history on Ford click here. For more ratings news on Ford click here.
Shares of Ford closed at $11.37 yesterday.
... More