Ferrari nudges up earnings view, Marchionne becomes CEO

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. TSLA
6. META
7. RTX
8. SMCI
9. GOOGL
10. S

Go back to Ferrari nudges up earnings view, Marchionne becomes CEO

UBS Remains Bullish on Ferrari (RACE) and Raises Price Target to $50

May 4, 2016 9:31 AM EDT

UBS reiterated a Buy rating on Ferrari (NYSE: RACE), and raised the price target to $50.00 (from $48.00), following the company's 1Q earnings report.

Analyst Michael Binetti commented, "Despite beating 1Q ests & raising '16 guidance, RACE's stock has pulled back slightly due to: 1) a +7%... More