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Fly News Breaks for June 20, 2019
RACE
Jun 20, 2019 | 08:11 EDT
Credit Suisse analyst Michael Binetti raised his price target for Ferrari to $185 from $158 has he believes the company's accelerating innovation pipe is quickly evolving into "one of the best beat and raise stories" in his coverage for the second half of 2019 and 2020. Despite macro volatility, the analyst notes that order books are "as strong as ever." Binetti reiterates an Outperform rating on the shares.
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