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Morgan Stanley: 'EDF Framework Agreement Marks First Big Win for Ford Energy'

May 18, 2026 10:03 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $14.00 price target on Ford (NYSE: F).

The analyst comments "What happened? Today Ford Energy announced an agreement with EDF to deliver up to 4 GWh per year to support grid-scale renewable integration and grid resilience across North America. The 5-year framework agreement positions Ford Energy as a key BESS supplier for EDF power, with deliveries expected to begin in... More