UPDATE: Jefferies Raises PT to $16 on Ford Motor Company Following Dividend Increase
Jefferies reiterated its Buy rating on Ford Motor Company (NYSE: F) and increased its price target from $14 to $16.
Jefferies commented, "Ford announced a doubling of its quarterly dividend, an event that hit nearly a year earlier than our most recent expectations.
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UPDATE: Jefferies Raises PT to $16 on Ford Motor Company Following Dividend Increase,
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