News Formal

Deutsche Bank downgrades Ford after automaker slashes year-end earnings outlook

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Duetsche Bank downgraded Ford to hold from buy and lowered its price target to $11 from $12.

Greg Baker | AFP | Getty Imagesstrong beat on earnings, Deutsche Bank says the automaker is in for a rough ride the rest of the year. The firm downgraded Ford to hold from buy and lowered its price target to $11 from $12, after Ford lowered its earnings guidance for the rest of the year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When is anyone downgrading the 43 trillion disaster called “Douche” bank?

that should be done to them

Another car company taken out by the greedy unions. Reduced to ashes.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford beats on third-quarter earnings but trims guidance for 2018 profit - Business InsiderFord also trimmed in full-year profit guidance. The No. 2 US automaker is in the midst of an $11 billion restructuring.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks making the biggest moves after hours: Tesla, Ford, PayPal and moreSee which stocks are posting big moves after the bell on Wednesday. MKTWeconomics will be along shortly telling us how the market is on the verge of collapsing. Question, how does one get in the game of never having to be right (despite being in the, 'getting it right biz'), and yet you get to keep your jobs
Source: CNBC - 🏆 12. / 72 Read more »