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Benzinga
Benzinga
Business
Shanthi Rexaline

Ford Analyst Downgrades Stock: 'Limited Scope For Positive Surprises'

Ford Motor Company (NYSE:F) shares have had a nice run-up since hitting a double-bottom in early September. Wary of the pricier valuation, an analyst at Jefferies chose to move to the sidelines.

The Ford Analyst: Philippe Houchois downgraded Ford from Buy to Hold and increased the price target from $20 to $25.

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