JPMorgan analyst Jose Asumendi lowered the firm’s price target on Ferrari (RACE) to EUR 350 from EUR 394 and keeps an Overweight rating on the shares.
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Read More on RACE:
- Ferrari upgraded to Outperform from Neutral at BNPP
- Ferrari’s Long-Term Growth Potential: Buy Rating Despite Short-Term Challenges
- Ferrari downgraded to Neutral from Outperform at Oddo BHF
- Cautious Outlook on Ferrari: Hold Rating Amid Valuation Challenges and Margin Pressures
- Ferrari price target lowered to EUR 310 from EUR 345 at Jefferies