barrons.com/amp/articles/ford-stock-down-rating-cut-tesla-51642173183
RBC analyst Joseph Spak took his rating to the equivalent of Hold from Buy. His price target, however, went up to $26 a share from $21. Spak praised Ford (ticker: F) in his report for the progress made turning around the company.

Spak praised Ford (ticker: F) in his report for the progress made turning around the company. His price target, however, went up to $26 a share from $21. There isn’t enough upside left in the stock for him right now.

The more progress Ford makes, the more Wall Street treats Ford like Tesla. The average Buy-rating ratio for stocks in the S&P 500 is about 55%. Ford is now below average. 46% of analysts covering Tesla stock rate shares Buy. Progress will take time for Ford, which may mean investors look to other auto stocks.

The average analyst price target for Tesla stock is about $912 a share, about 10% below where shares are trading. 21% of analysts rate Ford stock Sell. The average Sell-rating ratio for stocks in the S&P 500 is less than 10%.
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