Ford (F +5.3%) surges after the stock is upgraded by Barclays, citing the Street's...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (F +5.3%) surges after the stock is upgraded by Barclays, citing the Street's underestimation of the automaker’s “earnings power” even if U.S. sales estimates are cut. Ford’s profit is improving thanks to better pricing and cost-cutting measures, with projected North American margins approaching their 2000 peak.