Why Ford Stock Is Up Today
Shares of Ford Motor Company (NYSE: F) opened higher on Friday, after Ford said that it will accelerate its return to full production and after a prominent Wall Street analyst raised his price target for the company's shares.
As of 10 a.m. EDT, Ford's shares were up about 3.5% from Thursday's closing price.
Ford confirmed on Friday morning that it expects to return to its full pre-coronavirus production schedule in the U.S. on Monday, two weeks earlier than planned, as it scrambles to resupply dealers running low on Ford's strong-selling pickup trucks and SUVs.
Source Fool.com
