Analyst Upgrades Ford and GM Stock, Says Automakers Moving Past Strike and Outlook Improving
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Ford and GM shares are "historically cheap" according to analyst Dan Levy at Barclays.
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Levy raised Ford and GM stock ratings to buy from hold.
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Levy says estimates for both companies next year are "better than feared."
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Ford and GM are moving past the United Auto Workers strike.
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There are pressures on the auto industry, but the outlook is improving.