-- Ford Motor (F) has a "credible path" to delivering 2027 EPS of above $2, with a march towards $3 beyond 2027, UBS Securities said in a Tuesday note.
The report pointed among others to its product portfolio, a more lenient US regulatory backdrop, and an emerging battery energy storage system opportunity.
The note also said recent concerns over higher gasoline and aluminum prices are overdone as aluminum prices are hedged and not impacting 2026.
"The market is pricing in 2027 EPS of $1.73, ~16% below our forecast and under appreciating that transient headwinds dissipate in 2H26E and 2027E+ EPS power," the report said.
UBS upgraded Ford to buy from neutral, with a $15 price target.
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