Ford price target lowered to $14 from $15 at UBS

UBS analyst Joseph Spak lowered the firm’s price target on Ford (F) to $14 from $15 and keeps a Buy rating on the shares. The 2027 EPS forecast is being reduced by about 10% to $1.88, reflecting a lower “jumping-off” point as higher commodity costs reduce Novelis benefits and push the earnings trajectory out by about a year., the analyst tells investors in a research note. While longer-term growth drivers like SuperDuty expansion, improved Model E economics, richer mix, and emerging BESS and software opportunities remain intact, the timing of earnings acceleration has been delayed, the firm says.