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Ford's stock drops despite strong earnings, after JPMorgan downgrades it to "Hold."
Ford's stock fell 1.9% on Friday after JPMorgan downgraded it, setting a lower price target despite the company's better-than-expected earnings of $0.39 per share.
Ford has a "Hold" rating and an average target price of $11.37.
Institutional and individual investors have been trimming their Ford holdings, with shares trading around $9.71.
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Las acciones de Ford bajan a pesar de las fuertes ganancias, después de que JPMorgan la degrada a "Sostener".