Goldman Sachs Downgrades Ford To Neutral, Shares Drop

Analysts at Goldman Sachs downgraded Ford Motor Company F from Buy to Neutral. The price target for Ford Motor has been lowered from $21 to $17. Ford shares have dropped 21.19% over the past 52 weeks, while the S&P 500 index has surged 9.62% in the same period. Ford Motor's shares fell 0.89% to $13.42 in pre-market trading.