Ferrari shares decline as it sticks to full-year forecasts
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Jefferies Comments on Ferrari (RACE) Earnings Report
May 7, 2024 7:52 AM EDTJefferies analyst Philippe Houchols reiterated a Hold rating and $408.00 price target on Ferrari (NYSE: RACE)
The analyst comments "~1% beat on both EBIT and revenue in Q1, giving 27.9% margin; FCF also ~in-line at 321m incl. 30% higher y/y investment spend. Units flat y/y... More
Jefferies Comments on Ferrari NV (RACE:IM) (RACE) Earnings Report
May 7, 2024 7:51 AM EDTJefferies analyst Philippe Houchois reiterated a Hold rating and EUR375.00 price target on Ferrari NV (RACE:IM) (NYSE: RACE).
The analyst comments "~1% beat on both EBIT and revenue in Q1, giving 27.9% margin; FCF also ~in-line at 321m incl. 30% higher y/y investment... More
