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Ford price target raised to $13.50 from $11 at Citi

Citi analyst Michael Ward raised the firm’s price target on Ford (F) to $13.50 from $11 and keeps a Neutral rating on the shares. The company reported a Q3 earnings beat despite a $1B hit from higher tariffs, the analyst tells investors in a research note. Citi upped estimates earnings for Ford post the earnings beat.

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