Citi raised the target price for Ford from $19 to $20, and raised the rating from “neutral” to “buy.” According to Citigroup, continued improvements in F series pickup production, gradual decline in license costs, and stabilizing aluminum supply are driving the profit prospects for the better.

Citi raised the target price for Ford from $19 to $20, and raised the rating from “neutral” to “buy.” According to Citigroup, continued improvements in F series pickup production, gradual decline in license costs, and stabilizing aluminum supply are driving the profit prospects for the better.