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Why Ford Motor Company Stock Is Rising Today

·2 min read
Why Ford Motor Company Stock Is Rising Today
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Shares of Ford Motor Company (NYSE: F) were moving higher on Wednesday morning, after a Wall Street analyst boosted his bank's rating on the stock in a bullish note. As of 11 a.m. EDT today, Ford's shares were up about 4% from Tuesday's closing price. In a new note on Wednesday morning, Credit Suisse Group analyst Dan Levy raised his bank's rating on Ford's stock to outperform, from neutral, and increased its price target to $20 from $15.