RBC Capital Raises Ford Price Target to $13

RBC Capital analyst Tom Narayan raised the price target on Ford (NYSE: F) to $13.00 (from $11.00) while maintaining a Sector Perform rating.

“$1B in higher raw mats to come later in the year offset this however, but underlying EBIT moves higher for ’26 thanks in part to better software and services contribution esp at Pro.

Finally, it appears unlikely for a Ford/China OEM collaboration in the US near term, but we think the door is still open especially if production is US-based.”

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