NEW YORK (TheStreet) -- J.P. Morgan increased its price target on Ford (F) to $21, increased its estimates through 2015 and set an "overweight" rating. The firm said the company is seeing record North American earnings and a return to profitability in Europe.
The stock was up 0.5% to $17.93 in pre-market trading on Friday.
Separately, TheStreet Ratings team rates FORD MOTOR CO as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: F Ratings ReportF data by YCharts