Yahoo Finance's Ines Ferre gives an outlook on the market as stocks trade higher ahead of the Fed meeting and electric vehicle startup shares are embattled year-to-date.
On this episode of Yahoo Finance Presents, Yahoo Finance Editor-at-Large Brian Sozzi talks with Ford President & CEO Jim Farley to discuss the company’s Ford Pro program. Also discussed was the recent supply and chip shortage in the auto industry and the expansion of Ford’s electric vehicles vs. their competitors.
Bank of America upgraded its rating on pharma and biotech company Moderna from “underperform” to “neutral” along with a new price target of $180 (up from $135) according to a recent BofA Global Research report. BofA cited a “more reasonable valuation” that has come about as being the main reason for the upgrade.