Morgan Stanley upgrades Ford, says parts of the automaker's business are underestimated

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Hannah Miao@hannahmiao_
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Ford's Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company's All Electric F-150 Lightning, participate in the opening bell ceremony at the New York Stock Exchange, April 28, 2022.
Brendan Mcdermid | Reuters

After a significant pullback in Ford Motor's share price this year, Morgan Stanley is taking another look at the auto stock.