JPMorgan drops its price target for Ford, GM, and Ferrari as Trump's 'draconian' tariffs loom

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In This Story JPM -0.38% F -0.29% GM -3.67% RACE -4.54% General Motors ( GM -3.67% ) , Ford Motor ( F -0.29% ) , and Ferrari’s ( RACE -4.54% ) earnings are likelier than ever to take a hit, as President Donald Trump’s “draconian” tariffs and anti-electric vehicle policies hang over the automakers, according to JPMorgan ( JPM -0.38% ) analysts. Suggested Reading OpenAI is close to breaking records by raising a whopping $40 billion at a $300 billion valuation GM, Nvidia, Walgreens, Jefferies,