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The Road Ahead 7/7/23

Halftime Report

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Morgan Stanley's Adam Jonas Raising Price Targets on Ford and General Motors

Morgan Stanley's Adam Jonas raising his price targets on Ford and General Motors plus Tesla getting a target bump at Mizzoujo. "I think there is still more room to run because the cash flows are there," says Jim, who owns GM. Brent: Concerned about a rising cost of capital, possibly two more rate hikes. How does that impact demand not only for internal combustion, but also for electric vehicles that are more expensive?

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