Ford Motor Company shares are trading higher after Jefferies upgraded the stock from Hold to Buy and raised its price target from $13 to $16.
Portfolio Pulse from Benzinga Newsdesk
Ford Motor Company's stock is trading higher after Jefferies upgraded it from Hold to Buy and increased its price target from $13 to $16.
May 30, 2023 | 12:33 pm
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POSITIVE IMPACT
Ford's stock is expected to perform well in the short term due to Jefferies' upgrade from Hold to Buy and a higher price target of $16.
The news directly mentions Ford Motor Company (F) and the upgrade by Jefferies from Hold to Buy, along with an increased price target from $13 to $16. This positive analyst rating is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100