Morgan Stanley Reiterates Overweight on Ferrari, Maintains $310 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Ferrari (NYSE:RACE) and maintained a $310 price target.

June 20, 2023 | 1:03 pm
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Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Ferrari (NYSE:RACE) and maintained a $310 price target.
The reiteration of the Overweight rating and maintenance of the $310 price target by Morgan Stanley analyst Adam Jonas indicates a positive outlook for Ferrari's stock. This news is directly related to Ferrari and is important for investors as it suggests potential growth in the stock's value. The confidence in this analysis is high due to the reputation of Morgan Stanley and its analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100