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Near-term upside already reflected in Ford shares, says RBC Capital

Ford (F) Energy announced a five-year framework agreement with EDF Power Solutions North America to supply 4 GWh of battery energy storage systems annually beginning in 2028, validating demand for Ford’s repurposed battery capacity and supporting its energy storage strategy, though uncertainties around component sourcing, profitability, and future capacity expansion suggest much of the near-term upside may already be reflected in the stock, RBC Capital tells investors in a research note. The firm has a Sector Perform rating and $13 price target on Ford shares.

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