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Ford Motor Co. stock rose more than 4% on Wednesday after Credit Suisse turned bullish on the shares, praising the Detroit auto maker’s turnaround after a series of “disappointments.”
Ford F shares were on track to close at their highest since April 28, 2015, when they closed at $16.06 and at a new 52-week high. The stock is up more than 82% so far his year, on pace for its best year since 2009.
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