Group 1 - Ferrari's stock (RACE.US) has experienced a decline of 2% in pre-market trading, marking a four-day losing streak and potentially reaching a new annual low [1] - Morgan Stanley has downgraded Ferrari's rating from "overweight" to "hold" and reduced the target price from $520 to $425 [1] - Bernstein analysts indicated that Ferrari's long-term financial guidance is significantly below market expectations, with a compound annual revenue growth target of only 5% from 2024 to 2030, compared to the market's average expectation of around 7% [1] Group 2 - As of the last trading session, Ferrari's closing price was $375.35, down 1.99%, with a pre-market price of $367.67, reflecting a 2.05% decrease [2] - The stock's 52-week high was $519.10, while the 52-week low was $372.31, indicating significant volatility [2] - Ferrari's total market capitalization stands at $66.55 billion, with a total share count of 177 million [2]