UPDATE: Goldman Sachs Upgrades Ford Motor Company to Conviction Buy, Reiterates $17 PT
Posted on January 11, 2013 at 13:20 PM EST
In a report published Friday, Goldman Sachs Group upgraded its rating on Ford Motor Company (NYSE: F ) from Buy to Conviction Buy, and reiterated its $17.00 price target. Goldman Sachs noted, “We are adding Ford shares to the Americas Conviction Buy list, with 23% upside to our $17 price