Evercore ISI Group Initiates Coverage On Ferrari with Outperform Rating, Announces Price Target of $375
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has initiated coverage on Ferrari (NYSE:RACE) with an Outperform rating and a price target of $375.
November 07, 2023 | 10:29 am
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POSITIVE IMPACT
Evercore ISI Group has initiated coverage on Ferrari with an Outperform rating and a price target of $375, which could positively impact the stock's performance.
The Outperform rating and high price target set by Evercore ISI Group indicates a positive outlook for Ferrari. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100