Ford stock ends week higher after Piper Sandler upgrade, but Friday dip shows nerves
Ford shares closed at $14.20 on Friday, down 1.3% for the day but up for the week after a Piper Sandler upgrade and price target hike to $16. The stock surged 4.7% Thursday on the analyst call, then slipped as investors weighed Ford’s retreat from early EV projects. General Motors announced a $6 billion charge Thursday tied to reduced EV investment. Ford reports earnings Feb. 10.