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Benzinga
Benzinga
Business
Melanie Schaffer

SHOCKING: Is ford about to burn the bears - You Need To See This

Ford Ford Motor Company Morgan Stanley

Ford Motor Company (NYSE:F) was surging 8% on Friday, propelled by both a bullish day in the markets and an upgrade from Morgan Stanley., which bumped the stock to Equal-Weight and announced a $13 price target.

The news may help Ford eventually reverse course into an uptrend but for the time being, the stock remains trading in a downtrend, which has been the case since Jan. 13 when Ford topped out at a new 52-week high of 25.87.

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