Wolfe downgrades Ford amid EV push, says stock's surge will slow in 2022

People experience riding in Ford Broncos at the 2021 Motor Bella auto show on September 21, 2021 in Pontiac, Michigan.
Bill Pugliano | Getty Images News | Getty Images

The excitement around Ford's pivot to clean-energy vehicles has gone far enough, according to investment firm Wolfe Research.

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