US Stock Market News | Downgraded by Morgan Stanley, Ford Motor and General Motors' stock prices fall
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Ford Motor and General Motors' stock prices fell due to Morgan Stanley's downgrade, with Ford dropping over 4% to $10.41 and General Motors dropping over 5% to $45.435. Morgan Stanley lowered General Motors' target price from $47 to $42, changing the rating from "hold" to "sell"; Ford's target price was reduced from $16 to $12. Analysis indicates that the U.S. automotive industry is facing a more challenging situation, with rising inventory and poor vehicle affordability being the main reasons
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