Analysts Were Uninspired by Ford's Earnings But Remain Bullish Long Term. Here's Why
FFord Motor(F) Investopedia·2024-10-30 04:10

Key Takeaways JPMorgan and Bank of America analysts lowered their price targets for Ford after the automaker's thirdquarter results. The company missed Wall Street's earnings estimates partly due to its "persistently high warranty expense, according to JPMorgan. The company's Ford Pro commercial division is a reason for optimism long term, BofA said. Ford (F) shares fell Tuesday, as analysts from JPMorgan and Bank of America cut their price targets after the automaker's underwhelming third-quarter results. ...