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STOCKS

Ferrari price target lowered to EUR 490 from EUR 500 at RBC Capital

TheFly

RBC Capital lowered the firm’s price target on Ferrari (RACE) to EUR 490 from EUR 500 and keeps an Outperform rating on the shares, following the company reporting a “beat” on its Q1 earnings and maintaining its FY25 guidance.

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Read More on RACE:

Ferrari’s Strong Performance and Brand Resilience Balanced by Tariff Risks and High Valuation: A Hold Recommendation
Ferrari price target raised to $560 from $520 at UBS
Ferrari Reports Strong Q1 2025 Financial Results
Ferrari’s Q1 2025 Earnings: Strong Growth Amid Challenges
Ferrari Releases Q1 2025 Interim Financial Report

	
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