Why Ford Stock Is Higher Today
Shares of Ford Motor Company (NYSE: F) were moving higher for a second day on Thursday, after a Wall Street analyst placed the stock on his firm's short-term buy list.
As of 11 a.m. EST, Ford's shares were up about 11.5% from Wednesday's closing price.
In a note released on Wednesday morning, Deutsche Bank analyst Emmanuel Rosner added Ford to the bank's short-term Catalyst Call Buy List, a group of stocks that could move higher following a "catalyst" event. Rosner maintained a long-term hold rating on the shares, but raised his price target to $11 from $9.
Source Fool.com
