Morgan Stanley Downgrades Ford To Underweight, Shares Fall

Analysts at Morgan Stanley downgraded Ford Motor Company

from Overweight to Underweight. The target price for Ford Motor has been lowered from $17 to $16. Ford shares have dropped 0.98% over the past 52 weeks, while the S&P 500 index has gained 20.10% in the same period. Ford's shares declined 2.16% to $16.77 in pre-market trading.