What's Going On With Ford Motor Stock Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 16 2024
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Source: Benzinga
Ford SUV Recall: Ford is recalling about 85,000 Explorer SUVs with Police Interceptor Utility packages due to potential engine fire risks caused by oil and fuel leaks during engine failures. This recall affects models from 2020-2022 with hybrid and gas engines.
Additional Vehicle Recalls: The company also recalled over 37,000 vehicles, including the Mustang Mach-E, due to faulty windshield wiper motors that may fail, impacting visibility and increasing crash risks; inspections and replacements will be provided at no cost to customers.
Analyst Views on FTXR
Wall Street analysts forecast FTXR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTXR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 40.561
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Current: 40.561
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
