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Ford stock ‘underappreciated’ by Wall Street: Goldman Sachs

Claudia Assis
Ford stock ‘underappreciated’ by Wall Street: Goldman Sachs

Ford Motor Co. shares may soon reap the benefits of the car maker’s restructuring in Europe, an effort that has been so far “underappreciated” by markets. Ford (F)  shares fell nearly 1% Friday, poised to end the week with 2% gains. Ford’s operating margins in Europe could improve on average about 4%, and this level of earnings “is well above Street expectations for the region over the long-term — which continue to call for losses through 2021,” the Goldman analysts, led by David Tamberrino, said.