Ford+ On Track for ’24 Profitability, Raises Cash Flow Outlook; Ford Pro Strength, Quality Gains, Hybrid Growth Highlight Q2

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Go back to Ford+ On Track for ’24 Profitability, Raises Cash Flow Outlook; Ford Pro Strength, Quality Gains, Hybrid Growth Highlight Q2

Ford (F) PT Lowered to $17 at Citi

July 25, 2024 5:47 AM EDT

Citi analyst Itay Michaeli lowered the price target on Ford (NYSE: F) to $17.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "Q2 disappoints as two issues/risks noted in our preview (here) materialized (1) Cost containment (Q2 missed on another warranty hit); (2)... More