Analysts are Upgrading These 5 Stocks

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In this article, we discuss the 5 stocks recently upgraded by analysts. If you want to see some more stocks on the list, go directly to Analysts are Upgrading These 10 Stocks.

5. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 46

Shares of Ford Motor Company (NYSE:F) inched higher in pre-market trading Wednesday, October 5, after Morgan Stanley analyst Adam Jonas raised his ratings for the Michigan-based automaker from “Equal Weight” to “Overweight.”

Jonas sees a buying opportunity after the recent drop in Ford shares. He believes the company’s revised guidance for Q3 has already been mirrored in its stock price. Jonas also thinks that Ford Motor Company (NYSE:F) is doing better than General Motors (GM) in terms of business portfolios and strategy.

The upgrade came a day after Ford Motor Company (NYSE:F) posted its vehicle sales for the third quarter. The company sold 464,674 units in the quarter, up from 400,843 units in the corresponding period of 2021.

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