Bank of America Downgrades Ford Motor Company (F)


Ford Motor Company (NYSE:F) was downgraded by investment analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Friday, The Fly reports.

A number of other research firms have also weighed in on F. Zacks Investment Research raised Ford Motor Company from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Wednesday, January 27th. Vetr lowered Ford Motor Company from a “strong-buy” rating to a “buy” rating and set a $14.37 price objective for the company. in a research report on Wednesday, April 13th. Buckingham Research reaffirmed a “buy” rating and set a $18.00 price objective on shares of Ford Motor Company in a research report on Thursday, March 3rd. TheStreet lowered Ford Motor Company from a “buy” rating to a “hold” rating in a research report on Tuesday, January 26th. Finally, Craig Hallum reduced their price objective on Ford Motor Company from $14.00 to $13.00 in a research report on Friday, January 29th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.56.

Source: Web Breaking News

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