Jefferies downgrades Ford to hold, says it's too early for stock to trade like an EV company

A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois.
Scott Olson | Getty Images

Last year's big run-up for Ford's stock may have gotten a bit ahead of itself, according to Jefferies.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls of the day: Amazon, Apple, Salesforce, Costco, Block & more
CNBC ProSalesforce is too cheap to ignore despite possible slower growth, JPMorgan says
CNBC ProRide out the market storm with Apple, Wedbush's Dan Ives says