Movement Alert|Ford Intraday Rise 3.13% in Regular Trading, shares rebound after recent target-price cuts ahead of earnings

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On October 16, Ford rose 3.13% in Regular Trading, trading at $12.6999/share, with turnover of $80.0889 million.

The most recent company-specific backdrop is a series of analyst target-price reductions, including JPMorgan lowering its target to $16 from $17 while maintaining an overweight stance. Earlier in the month, Deutsche Bank cut its target to $15 from $16 and kept a hold rating, UBS reduced its target to $15 from $17 while maintaining buy, and Goldman Sachs lowered its target to $14 from $16 while keeping a neutral rating.

These revisions followed softer operating updates, including Ford reporting a 6.6% year-over-year decline in US third-quarter vehicle sales to 509,764 units, alongside a short-term supplier issue that affected F-150 production. Even so, the company said the estimated financial impact remained within its prior adjusted EBIT outlook of $10 billion to $11 billion, while the next earnings report is scheduled for October 28.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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