Goldman Sachs analyst Mark Delaney raised the firm’s price target on Ford (F) to $14 from $13 and keeps a Neutral rating on the shares. Ford’s realignment and restructuring are expected to improve profitability by reducing Model e losses and shifting production toward higher-margin Blue and Pro vehicles, the analyst tells investors in a research note. Longer-term outcomes will hinge on achieving Model e profitability amid rising global competition, execution on Universal EV and extended-range EV platforms, progress in software and digital services, and margin performance in the Energy Storage System business, the firm says.
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