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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/3/2001 10:20:15 AM
From: besttrader   of 37746
 
Ford Motor (F) 28.80 -0.45: Raymond James downgrades to BUY from STRONG BUY rating and price target of $35 on a deteriorating earnings outlook for the second quarter and second half of 2001; company's U.S. vehicle sales declined 14.5% to 318,812 in April, slightly lower than company expected, reflecting weaker industry demand; management announced they are reducing production by 40,000 units in second quarter from prior estimates to 1.19 million units.
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