What's Going On With Ford Motor Stock Today?

Ford Motor Company (NYSE:F) shares are trading lower on Thursday. Bernstein analyst Toni Sacconaghi downgraded Ford Motor from Outperform to Market Perform, with a price forecast of $11.

In an unrelated development, Ford revealed on Thursday that it is experiencing record sales growth in the Middle East in 2024, driven by strong performance in key markets and the introduction of its freshest lineup to date.

The launch of the Mustang Mach-E and Territory Hybrid highlights Ford’s commitment to an electrified future in the region.

Kay Hart, president of Ford’s International Markets Group, stated that the Mustang Mach-E is Ford’s first fully electric vehicle for the region and described it as one of the most exciting vehicles the company ...

Full story available on Benzinga.com