CNBC Pro

Deutsche Bank sees a short-term trade opportunity in Ford ahead of earnings

The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois.
Scott Olson | Getty Images

Shares of Ford could enjoy a sizable jump in the coming weeks thanks to an earnings report next week and an analyst day expected later this spring, according to Deutsche Bank.

The investment firm has a hold rating on the stock overall but added a short-term buy call ahead of Wednesday's earnings report. Deutsche Bank said in a note to clients on Thursday that Ford could be set for a significant first-quarter earnings beat.

More In Street Calls

CNBC ProBofA upgrades Alliant Energy to buy, saying it will benefit from climate bill
CNBC ProHere are Friday's biggest analyst calls: Rivian, Oracle, Teladoc, Bed Bath & Beyond, Walmart & more
CNBC ProDA Davidson says Teladoc shares are a buy here after nearly 90% rout