At Least 1 Wall Street Analyst Thinks Ford Stock Is Going to $16. Is It a Buy?
Ford Motor Company (NYSE: F) stock has maintained momentum since rebounding in December, and several analysts now believe it could surge given the latest developments, including strong quarterly numbers and guidance for 2024, a supplemental dividend, and a strategic shift in spending away from cash-burning electric vehicles (EV).
Morgan Stanley analyst Adam Jonas just raised Ford stock's price target to $16 per share from $15, representing nearly 29% upside from the stock's price around $12.40. Earlier this month, analyst Itay Michaeli also raised Ford stock's price target to $16 per share while Bank of America analysts see the stock hitting $19 per share.
The earnings release on Feb. 6 gave analysts ample reasons to turn bullish.
Source Fool.com
Citigroup Inc. Stock
With 23 Buy predictions and 2 Sell predictions Citigroup Inc. is one of the favorites of our community.
As a result the target price of 71 € shows a slightly positive potential of 19.93% compared to the current price of 59.2 € for Citigroup Inc..
