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Ferrari's Stock Upgrade by HSBC to "Buy"
Financial Modeling Prep· 2025-10-02 22:00
HSBC upgraded Ferrari to "Buy" from "Negative" with a stock price of $490.24.The stock has shown a price movement of 0.91%, reflecting positive investor sentiment and a potential for growth.Ferrari's market capitalization is approximately $87.37 billion, indicating its significant presence in the luxury automotive industry.Ferrari, listed on the NYSE under the symbol RACE, is a renowned luxury sports car manufacturer. Known for its high-performance vehicles, Ferrari competes with other luxury brands like La ...