Ferrari: shares accelerate gains after broker comments
(CercleFinance.com) - Ferrari shares are up on Friday on the New York Stock Exchange following positive broker comments on the stock.
Jefferies - which has a "buy" rating on the stock - has raised its target price from 96 dollars to 130 dollars, saying that the recent 15% correction has created an attractive buy opportunity ahead of the long-awaited investor day, which is scheduled to be held in February 2018.
Ferrari shares are currently up 1.6% at 106.3 dollars on the New York Stock Exchange.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
Jefferies - which has a "buy" rating on the stock - has raised its target price from 96 dollars to 130 dollars, saying that the recent 15% correction has created an attractive buy opportunity ahead of the long-awaited investor day, which is scheduled to be held in February 2018.
Ferrari shares are currently up 1.6% at 106.3 dollars on the New York Stock Exchange.
Copyright (c) 2017 CercleFinance.com. All rights reserved.