Goldman Sachs raised the firm’s price target on Ford (F) to $11 from $10 and keeps a Neutral rating on the shares as part of a broader research note on U.S. Autos and Industrial Tech industry. The firm is raising its US auto forecast to reflect more measured tariff levels than what had been initially proposed, even though it still expects auto sales in the US to moderate in the second half after pre-buying ahead of tariffs and what will likely be higher pricing in the second half due to tariffs, the analyst tells investors in a research note. Goldman Sachs sees US auto sales at 15.75M and 15.50M units in 2025 and 2026 respectively, compared to its prior forecast of 15.40M and 15.25M.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- Over 850,000 Vehicles Recalled Over Fuel Pump: Ford Stock (NYSE:F) Still Notches Up
- Trump declares 50% tariff on copper, Brazil: Morning Buzz
- SCHD ETF News, 7/10/2025
- VOO ETF News, 7/10/2025
- SPY ETF News, 7/10/2025