Rumors of a potential Ford Motor Company (NYSE: ) Ranger Raptor prototype spread to the stock market on Wednesday morning. After hearing the rumors, D.A. Davidson analyst Andrew Burns reiterated his Neutral rating and $34 price target on Fox Factory Holding Corp (NASDAQ: ). “In recent days, several auto news sources have posted articles and 'spy photos' of a potential Ford Ranger Raptor.

We believe this has been a contributing factor to today's stock move (+6%),” Burn said. “The leaked Ranger pictures began circulating on Monday, and appear to show a right-hand drive new-generation Ford Ranger with wider fenders, a shaved bumper similar to the F-150 Raptor, and beefier off-road tires.” Burns also highlighted Fox Factory’s double-digit annual growth target. “Given the success of the current Raptor, it is logical to think Ford is considering broadening the franchise. The re-launched Ranger would be a clear candidate for a Raptor line extension and we believe FOXF would have a high probability of being included on the new line.” Thus, the Ranger could help catalyze annual growth. Vodafone Latest Tune Mp3 Download there. While this is still a rumor, Burns noted the Ranger could be launched in 2019 and the Raptor version might just be part of an initial launch. Fox Factory closed Thursday at $35.

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Latest Ratings for FOXF. CNBC Cryptocurrency entrepreneur Julian Hosp says bitcoin's rapid rise isn't over yet. 'I think we're going to see bitcoin hitting the $60,000 mark, but I also think we're going to see bitcoin hitting the $5,000 mark,' said Hosp, co-founder and president of TenX, a firm that wants to make it easier for people to spend virtual currencies.

Numerous high-profile critics and several national governments have warned of the dangers of investing in cryptocurrencies, which they say are likely to crash because nothing underpins their value. FX Empire The post-Christmas rally was in evidence through the early part of the day today, with Bitcoin Cash up 4.08% to $2819.9. Upside through the early part of the day comes off the back of a Bitcoin rally, with Bitcoin up 10.35% to $15,350.78. Supporting Bitcoin and Bitcoin Cash through the early part of the day came from a bounce in the CME futures market, with January and February contracts rising by $1,175 and $1,320 respectively to pull values up to $15,310 and $15,570 at the time of writing.