Wall Street praises Ford's EV plans but questions its sales and profit margin targets - CNBC

3/3/2022 12:00:00 AM3 years 2 months ago
by Michael Wayland
by Michael Wayland
Morgan Stanley's Adam Jonas called the EV target "an aspirational/stretch goal," while Deutsche Bank's Emmanuel Rosner called a 10% margin by 2026 "ambitious."
Wall Street hailed Ford Motor's plans to internally separate its legacy and electric vehicle businesses, announced Wednesday, pushing the automaker's stock to its fifth-highest daily gain in the past… [+2428 chars]
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