UBS Maintains Buy on Ferrari, Raises Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Susy Tibaldi maintains a Buy rating on Ferrari (NYSE:RACE) and raises the price target from $368 to $375.
September 01, 2023 | 3:54 pm
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POSITIVE IMPACT
UBS analyst maintains a Buy rating on Ferrari and raises the price target from $368 to $375.
The raised price target by UBS indicates a positive outlook for Ferrari's stock. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100