Wells Fargo raised the firm’s price target on Ford (F) to $11 from $10 and keeps an Overweight rating on the shares. The firm notes Ford’s shares went up post-close after guiding tariffs better. The company expects to recoup only $1B of Novelis impact in 2026. Underlying Q4 adjusted EBIT looks weak when excluding tariff refund and Novelis, Wells adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- Ford Motor’s Resilience and Growth Potential: Analyst Recommends ‘Buy’ Despite Challenges
- Ford Motor Company Reports Strong Q3 2025 Results
- Closing Bell Movers: Intel jumps 8% after Q3 earnings beat
- Ford up 3% at $12.75 after Q3 earnings beat
- Ford lowers FY25 adjusted EBITDA view to $6B-$6.5B from $6.5B-$7.5B