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Barclays upgrades Ferrari stock rating amid tariff challenges and financial targets
Barclays has upgraded Ferrari's stock rating from Equalweight to Overweight, setting a target price of EUR 485 following a 20% price correction. The company reaffirmed its ambitious 2025 financial goals despite potential risks from new U.S. tariffs, which may lead to price increases of up to 10% on certain models. Analysts remain divided, with Bernstein maintaining an Outperform rating at $575, while Citi expresses concerns with a Sell rating at EUR 360.
Barclays upgrades Ferrari to overweight with price target of EUR485
Barclays analyst Henning Cosman has upgraded Ferrari NV (RACE:IM) from Equalweight to Overweight, setting a price target of EUR 485.00. This upgrade reflects a positive outlook on the luxury automaker's performance in the market.
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