RBC Capital raised the firm’s price target on Ferrari to EUR 335 from EUR 321 and keeps an Outperform rating on the shares.
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Read More on RACE:
- Ferrari price target raised to $368 from $365 at UBS
- Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook
- Ferrari raises FY23 adj. EPS view to EUR 6.25-EUR 6.40 from EUR 6.00-EUR 6.20
- Ferrari reports preliminary Q2 shipments of 3,392 units, down 63 units y/y
- Ferrari reports preliminary Q2 adjusted EPS EUR 1.83, revenue EUR 1.474B
