Jefferies analyst Philippe Houchois kept a Hold rating and EUR 375 price target on Ferrari following a group call held by Ferrari’s IR team to update sell-side analysts ahead of the company’s upcoming Q1 earnings results on May 7. Ferrari’s management “made sure to rein in excess consensus expectations, referring to current estimates as published by Bloomberg this morning,” according to Jefferies.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RACE:
