Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE), Top Pick, $300 PT, 'Greater Capital Efficiency'
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Ferrari (RACE) CapEx Fears are Overblown, RBC Capital Sees Updated Targets Soothing Fears
June 16, 2022 7:17 AM EDTRBC Capital analyst Tom Narayan reiterated an Outperform rating and EUR 260.00 price target on Ferrari (NYSE: RACE) on the belief that CapEx fears are overblown. The company announced that it will explore e-fuels for the ICE vehicles it sells in 2030 and updated financial targets for... More
Ferrari N.V (RACE) Lays Out 2022-2026 Strategic Plan
June 16, 2022 5:40 AM EDTTHE 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
Citi Reiterates Sell Rating on Ferrari NV (RACE:IM) (RACE)
June 15, 2022 2:46 AM EDTCiti analyst Gabriel Adler reiterated a Sell rating and EUR140.00 price target on Ferrari NV (RACE:IM) (NYSE: RACE).
... More