FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

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Ferrari (RACE) PT Raised to $565 at Evercore ISI

October 22, 2024 5:38 AM EDT

Evercore ISI analyst Michael Binetti raised the price target on Ferrari (NYSE: RACE) to $565.00 (from $475.00) while maintaining a Outperform rating.

The analyst comments "Hypercar Adds Much More to RACEs Long-Term Earnings Power Than Expected; Raising Multi-Year Forecasts Again Ahead of 3Q: We... More