Ford At A 5 Year High After Moody's Raises Rating On Ford
By Benzinga Staff
March 17, 2010 1:18 PM
March 17, 2010 1:18 PM
Ford (NYSE: F) is now trading at a 5 year high after Moody's raised Ford and Ford Motor's credit rating from to B2 from B3, and Moody's said Ford is in line for further upgrades.
Moody's said Ford clearly has a much more robust and competitive business model that is capable in support significant improvement in performance over time.
Also, Jim Cramer says Ford will go to $17.
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