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JUL 16, 2013 - MarketWatch

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Ford cut from Goldman's conviction buy list

NEW YORK (MarketWatch) -- Ford Motor Co. was removed from the Americas conviction buy list at Goldman Sachs as the company has outperformed rivals like General Motors Co. this year to date but doesn't have catalysts to drive gains in the short term, according to a research note distributed Tuesday. General Motors took Ford's place on Goldman's conviction list for the Americas. "Part of preference for GM over Ford is that GM has a number of meaningful near term catalysts that don't appear to be reflected in the share price," the analysts wrote. Goldman analysts led by Patrick Archambault, ... Read More

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