leftwing, watch the price targets as they matter more. Deutsche RAISED their price target for F/Ford to $15, the SAME as barclay's target, at the same time they cut the recommended action to hold. (Action plus target, taken together, mean buy only when price is under $15, hold otherwise).
The key is the $15. Why that? Why not $16 or $14? $15 implies F is safe so long as US ten-year treasuries yield under 2.66% (reasons in my last post).
Hey, Shaggy. My simple theory is that the kraut and the limey bankers aren't buying new Benzes this year, so they think that no one else is buying cars either. In literature, I think this is known as "the pathetic fallacy". I reloaded Ford at 9 - 9.5 and think I will hold it forever. How's everything in Texas?
Yep...the reliable analysts....virtually no change in analysts positions from 3 months ago to today. Can you imagine if we listened to them 3 months ago and missed the recent run? Barclays is another downgrade with a $15 price target. I'll take that price target any day.