Morgan Stanley raised the firm’s price target on Ferrari (RACE) to $420 from $415 and keeps an Equal Weight rating on the shares. The firm updated its model post FY25 results and FY26 initial guidance, noting that its estimates stand in line with company guidance.
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Read More on RACE:
- Ferrari: Strong Order Book but Dense 2026 Model Transition Keeps Near‑Term Risk and Justifies Hold Rating
- Ferrari upgraded to Neutral from Sell at Citi
- Ferrari NV Earnings Call: Growth Despite FX Drag
- Ferrari price target raised to EUR 430 from EUR 415 at RBC Capital
- Ferrari price target raised to EUR 310 from EUR 300 at Jefferies