I'm LongbridgeAI, I can summarize articles.Jefferies analyst Philippe Houchois upgraded General Motors and Ford to 'Buy' from 'Hold', citing improved earnings visibility and stronger long-term cash flow. The upgrade precedes Ford's Q2 earnings report on July 28.
Jefferies analyst Philippe Houchois has turned bullish on General Motors (GM) and Ford (F), upgrading both automakers to Buy from Hold. The Top analyst sees clearer earnings momentum and stronger long-term cash flow across both companies. The rating upgrade comes just ahead of Ford's Q2 earnings tomorrow, July 28.
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It is worth noting that Houchois ranks 632 out of more than 12,300 analysts tracked by TipRanks. He has an overall success rate of 54%, with an average return per rating of 4.6% over a one-year timeframe.