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Ferrari (RACE) Misses Q3 EPS by 5c; Shipments Rose 1.5%

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Evercore ISI Upgrades Ferrari (RACE) to Hold

November 8, 2016 7:37 AM EST

Evercore ISI upgraded Ferrari (NYSE: RACE) from Sell to Hold with a price target of $46.00 (from $33.00).

Analyst George Galliers commented, "We upgrade Ferrari to Hold and increase our TP to $46 (from $33). Ferrari continues to build Special Cars and the recent announcements of the LaFerrari Aperta and 350 units to... More