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 27, 2023 | 12:28 pm
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Morgan Stanley's 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's analyst Adam Jonas indicates a positive outlook for Ferrari's stock in the short term. This news is directly related to Ferrari and is important for investors as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100