Ford stock is on a tear, and Argus analyst Bill Selesky believes it can keep rising from recent, elevated levels.
Thursday, Selesky increased his Ford Motor (ticker: F) stock price target to $29 a share from $20. The stock closed at $24.45 for a gain of 3.3%, while the S&P 500 fell 0.1% and the Dow Jones Industrial Average dropped by 0.5%.
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