Ferrari upgraded to ‘Buy’ on growth confidence

Ferrari upgraded to ‘Buy’ on growth confidence Proactive uses images sourced from Shutterstock Ferrari (NYSE:RACE) has been upgraded to a ‘Buy’ rating by Jefferies analysts, who cited renewed confidence in the luxury carmaker’s growth trajectory and resilience in volatile market conditions. The upgrade reflects their expectations of high single-digit growth supported by a combination of stable demand, pricing power, and improving margins. Jefferies forecasts a mid-term earnings per share compound annual g ...