Ford price target raised to $14.50 from $13.50 at BofA

BofA raised the firm’s price target on Ford (F) to $14.50 from $13.50 and keeps a Buy rating on the shares. Q3 results came in ahead of both the firm’s and consensus estimates on the back of strong performance in Ford Blue and Pro, the analyst tells investors. The company’s “messy” guidance drew a lot of attention from the sell-side given all the moving parts, but the underlying business is “strong” and the firm sees a path to $8.5B-$10.5B EBIT in 2026, the analyst added.