Monday, April 04, 2011 12:00:51 PM
April 4, 2011, 10:09 a.m. EDT
MARKET PULSE
SAN FRANCISCO (MarketWatch) -- Ford Motor Co. (F 15.70, +0.54, +3.56%) shares rallied almost 3% to $15.58 to lead the S&P 500 (SPX 1,334, +1.28, +0.10%) higher early Monday after Credit Suisse upgraded the stock to neutral from underperform. "Following disappointing 4Q10 results, a healthy dose of skepticism has made its way into the stock," analyst Chris Ceraso said. "However, beneath that caution, we believe investors are ready and willing to re-embrace Ford." Last week, Ford posted a 19% rise in March U.S. sales, with a total of 212,777 to wrestle the long-held top spot away from General Motors Co. (GM 32.43, +0.02, +0.05%) .
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