Citigroup Lowered PT For Ford To $17, Maintained Hold Rating

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Citigroup lowered its price target for Ford (NYSE:F) to $17 from $19 and maintained its hold rating.The bank sees 2011 EPS of $1.66 and 2012 EPS of $1.57.Ford Motor has a potential upside of 31.1% based on a current price of $15.64 and an average consensus analyst price target of $20.50.

Credit: Financial News Network

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