Jefferies upgraded Ford and General Motors as they moved past last year's electric vehicle losses. Both stocks rose as a result of the news.

Jefferies upgraded Ford (F) to Buy from Hold with a price target of $17.50, up from $14.50. The firm sees Q2 as the low point for Ford’s volumes...

Wall Street analysts upgrade GM, RIVN, OTLK, F, and MBLY. See their ratings on Benzinga's analyst ratings page before buying.