Barclays Capital cut price targets on several U.S. auto companies including Ford Motor
We outline three global sales scenarios ... continued slow recovery, sales stall and double dip, analysts at Barclays said in a note.
The brokerage said GM, Dana Holding
With revised price targets, these stocks continue to have some of the largest upside potential within Barclays' coverage in both a slow recovery or stalled sales scenario, the analysts said.
Ford's shares closed at $11.11, while those of GM closed at $24.94 on Wednesday on the New York Stock Exchange.
(Reporting by Divya Sharma in Bangalore; Editing by Don Sebastian)