In addition, Ward said, "demand in China has been better than expected and expansion of the Lincoln brand should be a plus for Ford."
Ward also introduced a price target of $10 a share, which is 38% above Friday's closing price of $7.25.
Ford (F.US) stock is testing major resistance level at $7.80. Should buyers manage to uphold momentum, then another upward impulse towards $8.49 could be launched. Source: xStation5Daily Summary: A Shallow Rebound Ahead of Earnings Season
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