Barclays Upgrades Ferrari to Overweight
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Henning Cosman has upgraded Ferrari (NYSE:RACE) from Equal-Weight to Overweight.
August 02, 2024 | 11:07 am
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Barclays analyst Henning Cosman has upgraded Ferrari from Equal-Weight to Overweight, indicating a positive outlook for the luxury carmaker.
The upgrade from Equal-Weight to Overweight by a reputable analyst at Barclays suggests increased investor confidence and a positive outlook for Ferrari's stock. This is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100