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Merrill Upgrades Ford to 'Strong Buy'

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Merrill Upgrades Ford to 'Strong Buy'
Analyst John Casesa says recent management appointments should enhance investors' confidence in the company's restructuring plan

Merrill Lynch upgraded Ford Motor (F ) to near term strong buy from neutral.

Analyst John Casesa says the automaker is working its way through the most difficult stage in its restructuring. He thinks Ford has has a credible, achievable plan, while recent management appointments should enhance investors' confidence in the restructuring plan and increase the likelihood of success.

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Thanks to Falchoon for the article awareness
 
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