BofA lowered the firm’s price target on Ford (F) to $13.50 from $14 and keeps a Buy rating on the shares. Both Ford and General Motors (GM) consensus estimates have trended higher since Q2 earnings, notes the analyst, who remains more positive than consensus on Ford with a Q3 EBIT forecast that is 3.9% above consensus. However, the firm notes that it revised down its 2026 estimates for Ford to reflect slower margin improvement at Ford Pro and higher losses for longer at Ford Model e.
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