Back in the days of the 2.8L Mustang... Yes they made a 2.8L V6 mustang, and it used basically the same engine. IIRC the main differences are in the heads and cam, with the Ranger's version being stronger/better. Back then there were turbo and twin turbo set-ups available for it. I wouldn't want to do it to a stock never touched 27 year old motor, but as long as boost was kept low the stock internals could probably handle a little. You wouldn't need much to make a big difference. I had considered that as a future possibility for my 84's motor. I did a "stock" rebuild with a hotter cam, and thought about going forced, but before I even hit 5000 miles I totaled the truck. After that I decided I was going to put the motor into an 86 body then play with it (possibly to include turbo) until I found either a 5.0 Ex or a 3.5L Ecoboost to swap. Plans changed when I found a complete running, but rolled, 98 Ex for $500. Hadn't gotten the 86 close to being ready for a motor but couldn't pass up the deal, so wont be using the V6.
If you try it I'd love to hear the outcome. I'm keeping the motor and attached goodies in hopes that I'll find a future home for it. Won't be a Ranger, something smaller just don't know what yet.
EDIT: Just remembered something that might be of interest. In the past while researching performance mods on the 2.8 I had to look outside the ranger world to find a good following on these motors. It seems that these engine are still a popular motor for the Ford Capri in Europe. There's also a lot more parts available for it over there, from my understanding many of them will still fit our version. On the US side of the globe, apparently the 2.8L is a popular swap engine for the Sunbeam Alpine, makes it a step between the stock Alpine and the Tiger (V8 version of Alpine). I recall when I was looking seeing a few references to turbocharged or supercharged 2.8L Alpines. It's been years since since I was looking so I can't remember details or where I found them but might give you a direction to look.