— Shares of the automaker rose 1.5% premarket after UBS analyst Joseph Spak initiated research coverage with a buy rating and a $15 price target implying 21% upside.
Spak said Ford's pro business, its commercial segment, should show more resiliency than expected and potentially mitigate downsides from issues in blue and electric car models.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »