UBS Maintains Buy on Ferrari, Raises Price Target to $478
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Susy Tibaldi maintains a Buy rating on Ferrari (NYSE:RACE) and raises the price target from $448 to $478.
June 24, 2024 | 5:48 pm
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POSITIVE IMPACT
UBS analyst Susy Tibaldi maintains a Buy rating on Ferrari and raises the price target from $448 to $478.
The raised price target and maintained Buy rating from a reputable analyst at UBS is likely to positively impact Ferrari's stock price in the short term as it reflects confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100