Ford price target raised to $9 from $8 at Barclays

Barclays raised the firm’s price target on Ford (F) to $9 from $8 and keeps an Equal Weight rating on the shares post the Q1 report. Ford “has a great opportunity ahead, now the question is on execution,” the analyst tells investors in a research note. The firm believes the company’s Q1 report checked a number of boxes, as it reported a solid beat and exhibited continued positive trends on cost. While guidance was pulled, the Q1 beat and favorable cost commentary could have supported a guidance raise excluding tariffs, contends Barclays.