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Analysts Are Bullish on These Consumer Goods Stocks: Ferrari (RACE), Trigano SA (TGNOF)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Ferrari (RACEResearch Report) and Trigano SA (TGNOFResearch Report) with bullish sentiments.

Ferrari (RACE)

RBC Capital analyst Tom Narayan maintained a Buy rating on Ferrari on July 19 and set a price target of EUR260.00. The company’s shares closed last Wednesday at $195.59.

According to TipRanks.com, Narayan is a 2-star analyst with an average return of -0.2% and a 37.1% success rate. Narayan covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Mercedes-Benz Group.

Ferrari has an analyst consensus of Hold, with a price target consensus of $217.78.

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