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Could Ferrari Stock Inch Up beyond Analysts’ Consensus Target?

John Parker
Could Ferrari Stock Inch Up beyond Analysts’ Consensus Target?

According to latest consensus data compiled by Reuters, 50% of analysts covering Ferrari (RACE) gave its stock “buy” recommendations. Another 30% of analysts recommended a “hold” while the remaining 20%, two out of the total ten analysts covering Ferrari, expect its stock to underperform the market and gave it “sell” ratings.