Ford Stock (NYSE:F) Gains, Looks to Sell 100,000 Fathom Trucks in the First Year
Tip Ranks·
- Ford announced projections to sell 100,000 Fathom electric pickup trucks in their first year, driving a modest stock gain during Friday afternoon trading.
- Achieving this sales milestone would make Ford the first non-Tesla electric vehicle maker to clear six-figure annual sales for a single model.
- Wall Street analysts maintain a Moderate Buy consensus on Ford stock, with an average price target of $15.88 per share implying 8.87% upside potential.
