Shares of Ford (F) were lower during midday trading on Monday after Morgan Stanley reiterated its "underweight" rating on the stock with an $11 price target.

The firm also stated that Ford's stock should drop another 11% over the next 12 months.

"We believe a decline in used car values may occur a bit later than consensus, but could also prove to be far more severe," Morgan Stanley analyst Adam Jonas wrote. "We see Ford as particularly vulnerable given the size of its Finco program relative to other OEMs."

(Ford stock is held in the Dividend Stock Advisor portfolio. See all of the holdings with a free trial.)

If you liked this article you might like

Some of Trump's NFL Owner Friends Side With Players in Dispute With President

Domino's Pizza CEO: In 10 Years,Self-Driving Cars Will Deliver Pizza

Domino's Pizza CEO Thinks Self Driving Cars Will Deliver Pizza in 10 Years

CEOs Are Dropping Like Flies