RBC Capital lowered the firm’s price target on Ferrari (RACE) to EUR 490 from EUR 500 and keeps an Outperform rating on the shares, following the company reporting a “beat” on its Q1 earnings and maintaining its FY25 guidance.
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Read More on RACE:
- Ferrari’s Strong Performance and Brand Resilience Balanced by Tariff Risks and High Valuation: A Hold Recommendation
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