UBS analyst Joseph Spak upgraded Ford to 'Buy' from 'Neutral', maintaining a $15 price target, citing strong earnings potential driven by its product lineup and EV strategy, while expressing confidence in Ford's hedging against price concerns.

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2026-04-20 21:32:46

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UBS analyst Joseph Spak upgraded Ford Motor Company (NYSE:F) from ‘Neutral’ to ‘Buy’, maintaining a $15 price target, citing underappreciated earnings potential. The analyst believes Ford can achieve an EPS of over $2 by 2027 and $3 beyond, driven by its product portfolio, regulatory environment, pragmatic EV strategy, and focus on higher-margin software. Despite concerns about gasoline and aluminum prices, UBS remains confident in Ford’s hedging strategies and future growth.

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Analyst Upgrades Ford Motor (F) to ‘Buy’, Cites Strong Earnings Potential

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