Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE), Top Pick, $300 PT, 'Greater Capital Efficiency'

Go back to Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE), Top Pick, $300 PT, 'Greater Capital Efficiency'

Ferrari Capital Markets DAY, 2022-2026 Strategic Plan

June 16, 2022 4:31 AM EDT

THE COMMITMENT TO UNIQUENESS, FURTHER ENRICHING THE PORTFOLIO

15 new launches between 2023 and 2026.Over the plan period, on average, Icona and Supercar models will represent less than 5% of total volumes, Special series will be around 10%.Purosangue to be unveiled in September 2022. Its yearly average contribution to shipments will remain below 20% over its lifecycle.The highly awaited new Supercar will arrive within the plan period.The first full electric Ferrari will be unveiled in 2025, as previously announced.

THREE... More

FERRARI WILL HOST TODAY ITS CAPITAL MARKETS DAY

June 16, 2022 1:53 AM EDT

Maranello (Italy), June 16, 2022 Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) will host today its Capital Markets Day in Maranello (Italy).

A live webcast will be available on the Companys corporate website,... More