Fiat Chrysler kicks off Magneti Marelli spin-off

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Credit Suisse Remains Bullish on Ferrari (RACE) Following Management Change

July 23, 2018 9:48 AM EDT

Credit Suisse reiterated an Outperform rating and $156.00 price target on Ferrari (NYSE: RACE) following the company's announcement that CEO Marchionne will not return due to health issues. While Credit Suisse expects near-term volatility as the stock digests the leadership change, they would... More