- The shares of Ford Motor Company (NYSE: F) have received a price target of $20 from JPMorgan. These are the details.
The shares of Ford Motor Company (NYSE: F) have received a price target of $20 from JPMorgan. And JPMorgan analyst Ryan Brinkman is maintaining an “Overweight” rating on the company shares while increasing the price target from $18.
Brinkman increased the estimates considerably to forecast a large beat for the third quarter. And unlike GM in the third quarter, Ford’s production in the quarter appears to have been tracking materially better than the industry as a whole – which represents a 36% sequential increase compared to the second quarter.
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