Ferrari N.V.: Periodic Report on the Buyback Program

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Morgan Stanley Reiterates Overweight Rating on Ferrari (RACE)

May 22, 2024 6:06 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $400.00 price target on Ferrari (NYSE: RACE)

The analyst comments "On our calculations, nearly 90% of Ferrari profit is derived from existing clients and collectors while no more than 7% comes from China. Find... More