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

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Ferrari (RACE) PT Lowered to $450 at CFRA

February 4, 2025 2:55 PM EST

CFRA analyst Garrett Nelson lowered the price target on Ferrari (NYSE: RACE) to $450.00 (from $460.00) while maintaining a Hold rating.

The analyst comments "We lower our 12-month target by $10 to $450, based on a 2026 P/E of 41.6x, a premium to the... More