- Deutsche Bank downgrades Ford (NYSE:F) to a Hold rating after previously having shares of the automaker slotted at Buy.
- The investment firm has turned more cautious on auto names in general due to concerns on vehicle regulation cost inflation and the impact of a strong U.S. dollar.
- There is also a question raised by DB on Ford's product strategy if an environment of $2-$3 gas sustains.
- F -0.6% premarket.