Replies to post #32919 on $.0001-$.0011 News, DDs & Charts Only!!!

[mick]

Ford’s Rare Two-Notch Upgrade Signals Huge Long-Term Potential Upside

https://247wallst.com/autos/2018/03/14/fords-rare-two-notch-upgrade-signals-huge-long-term-potential-upside/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=MARCH152018A&utm_campaign=DailyNewsletter

EXCERPT
Analysts almost hate to defend Ford these days. One standout is Morgan Stanley, which raised the stock to Overweight from Underweight, while raising its price target to $15 from $10.

What matters here is that this is not only a two-notch upgrade. This call removes the equivalent of a Sell rating, and the 50% jump in the price target implies an upside of almost 40%, before even taking Ford’s 5.5% dividend yield into consideration.

Driving this big upgrade were Ford’s low valuation, restructuring expectations and a strategic deployment that may halt years of the company underperforming. On the valuation side of the equation, Morgan Staley thinks that the Ford F-150 value could be more than Ford’s enterprise value. The firm also believes that sales estimates and expectations may have bottomed out.

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