Ford reports weak US sales for third quarter

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CFRA Reiterates Hold Rating on Ford (F)

October 2, 2024 12:16 PM EDT

CFRA analyst Garrett Nelson reiterated a Hold rating and $12.00 price target on Ford (NYSE: F).

The analyst comments "We keep our 12-month target of $12, based on a 2025 P/E of 6.5x, a justified discount to historic averages. We maintain our EPS estimates of $1.85 for 2024 and... More