Evercore ISI Group Maintains Outperform on Ferrari, Raises Price Target to $565
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Ferrari and raised its price target from $475 to $565, indicating a positive outlook for the company's stock.
October 22, 2024 | 12:13 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Ferrari and increased the price target from $475 to $565, suggesting a positive short-term outlook for the stock.
The increase in the price target from $475 to $565 by Evercore ISI Group, along with the maintained 'Outperform' rating, indicates a strong positive sentiment towards Ferrari's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100