Market Overview

UPDATE: Susquehanna Financial Group Initiates Coverage On Ford

Share:

Susquehanna Financial Group initiated coverage on Ford Motor Company (NYSE: F) Monday with a Neutral rating and $14 price target.

Analyst Matthew Stover noted that some analysts had "spent much of the last year focusing on the new F-150 launch and judging the prospects for Ford’s stock on the basis of an up or down vote on that product” which is “doing quite well now."

Stover estimated that Ford will lose about $1.4+ billion outside North America in 2014 and that Ford’s 2020 goals could move it towards profitability outside North America but recommended staying on the sidelines at this time.

According to the report, key catalysts included "1) further clarity on capital allocation, 2) new product launches, 3) EPS results, and 4) sales results for U.S. and European light vehicle markets."

Ford Motor Company closed at $14.17 Monday, up 1.07 percent.

Latest Ratings for F

DateFirmActionFromTo
Oct 2019DowngradesBuyHold
Oct 2019MaintainsNeutral
Oct 2019MaintainsNeutral

View More Analyst Ratings for F
View the Latest Analyst Ratings

Posted-In: Matthew Stover SusquehannaAnalyst Color Price Target Initiation Analyst Ratings

 

Related Articles (F)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WEEDCantor FitzgeraldMaintains18.9
TGTXCantor FitzgeraldMaintains19.0
SPLKCleveland ResearchDowngrades
IQVWolfe ResearchUpgrades
PRAHWolfe ResearchUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

UPDATE: Susquehanna Financial Group Initiates Coverage On Delphi Automotive

InterOil Offers Exploration Update for Raptor-1, Bobcat-1