- The stock price of Ford Motor Company (NYSE: F) increased by 8.38% today. This is why it happened.
The stock price of Ford Motor Company (NYSE: F) increased by 8.38% today. Investors appear to be reacting to Ford being added to Deutsche Bank’s short-term-buy list.
Deutsche Bank also increased the price target on Ford from $9 to $11. And Deutsche Bank analyst Emmanuel Rosner is maintaining a “Hold” rating on the shares.
Rosner cited a robust product cycle for Ford with a favorable pricing environment for U.S. trucks, improvements around warranty performance, and restructuring savings that could lead to better than expected guidance for 2021.
Rosner cited a robust product cycle for Ford with a favorable pricing environment for U.S. trucks, improvements around warranty performance, and restructuring savings that could lead to better than expected guidance for 2021. And Ford may also benefit from an upcoming product cycle.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
