Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE), Top Pick, $300 PT, 'Greater Capital Efficiency'
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/10/2026
Go back to Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE), Top Pick, $300 PT, 'Greater Capital Efficiency'
June 16, 2022 7:17 AM EDT
RBC 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
June 16, 2022 5:40 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
June 15, 2022 2:46 AM EDT
Citi analyst Gabriel Adler reiterated a Sell rating and EUR140.00 price target on Ferrari NV (RACE:IM) (NYSE: RACE).
...
More
