Credit Suisse upgrades Ford to outperform, says stock can rise 30% as EV shift continues

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.
Al Drago | Bloomberg | Getty Images

Ford's shift to electric and high-tech vehicles should continue to pay off for investors in the year ahead, according to Credit Suisse.