Ford rises as analyst says buy on GM-like ‘significant re-rating’

Shares of Ford (F) are on the rise on Thursday after Wolfe Research analyst Rod Lache upgraded the stock to Outperform, a Buy-equivalent rating, as he believes Ford could see a similar phenomenon to General Motors’ (GM) “significant re-rating” that started in the fall of 2020, after the latter provided the Street with clear reasons to gain confidence in the company’s terminal value and growth. GM-LIKE SIGNIFICANT RE-RATING:… To see the rest of the story go to thefly.com. (See Story Here):(https://www.thefly.com/permalinks/entry.php/id3287666/-Ford-rises-as-analyst-says-buy-on-GMlike-significant-rerating)

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire