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The Ratings Game: Ford stock ‘underappreciated’ by Wall Street: Goldman Sachs

Ford Motor Co. shares may soon reap the benefits of the car maker’s restructuring in Europe, an effort that has been so far “underappreciated” by markets.

That’s from analysts at Goldman Sachs in a note this week, who added they “continue to see upside to Ford shares and believe near-term catalysts from announced restructuring actions can help crystallize that upside.”

Ford F, -0.80% shares fell nearly 1% Friday, poised to end the week with 2% gains. The stock is up nearly 5% this month, but that comes after a 9% decrease for May.

Related:Ford stock rising the most in 10 years after ‘massive’ Q1 beat

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