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Fly News Breaks for July 15, 2019
RACE
Jul 15, 2019 | 21:17 EDT
Goldman Sachs has transferred its coverage of Ferrari to analyst George Galliers, who is keeping his Neutral rating on the stock but raising his price target to EUR 150 from EUR 119, or to $168 from $135 in USD terms. The analyst believes that the company can deliver "material earnings growth" over the next 3 years as it benefits from the expansion of its product ranges, boosting shipments and revenues.
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