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

Published Thu, Jan 20 20226:01 AM EST

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.

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