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joe_techi

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joe_techi

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Friday, 01/27/2017 10:11:46 AM

Friday, January 27, 2017 10:11:46 AM

Post# of 20541
Ford was upgraded to outperform from sector perform at RBC Capital Markets, which said the automaker would outperform peers like General Motors (GM) under President Donald Trump's proposed tax reforms.

On Thursday, Ford reported Q4 earnings above Wall Street estimates, though shares retreated as it still sees a weak 2017. Trump has pushed for the Big 3 to build more factories in the U.S. but CEO Mark Fields said the automaker has the right number of U.S. plants it needs as demand slows.

Ford shares rose 0.6% to 12.44.
http://www.investors.com/news/googles-parent-pt-lowered-ford-upgraded-on-trumps-proposed-tax-reforms/
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