UBS analyst Zuzanna Pusz lowered the firm’s price target on Ferrari (RACE) to $483 from $555 and keeps a Buy rating on the shares. The start of 2026 is expected to be Ferrari’s weakest quarter, with deliveries projected to pick up from Q2, but the strong order book provides resilience against market shocks and supports guidance, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RACE:
- Ferrari price target lowered to EUR 350 from EUR 375 at BofA
- Jefferies upgrades Ferrari to Buy on ‘luxury premium’ returning
- Ferrari upgraded to Buy from Hold at Jefferies
- Ferrari Expands Treasury Stake as €3.5 Billion Buyback Advances
- Ferrari Steps Up €3.5 Billion Buyback, Lifts Treasury Stake Above 9% of Capital
