Previous close | 96.50 |
Open | 96.50 |
Bid | 103.10 |
Ask | 106.80 |
Strike | 195.00 |
Expiry date | 2025-01-17 |
Day's range | 96.50 - 96.50 |
Contract range | N/A |
Volume | |
Open interest | 9 |
Ferrari (RACE) has received a price target boost from Evercore ISI with analysts raising their target to $465 from $430. The Evercore ISI team foresees growth opportunities for the luxury automaker and cites Ferrari's relatively lower exposure in markets such as China as a favorable factor. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
Ford believes its Pro commercial business will provide an earnings boost thanks to the power of connectivity, data, and software.
Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future. The maker of the iconic 911 has started the seventh quarter since its listing with a discount to Ferrari on a price-to-earnings (PE) basis just off a record 69%, disappointing hopes it could command a luxury-like valuation. 2024 is shaping up to be a transition year, as Porsche AG launches several new models, keeping a lid on margins ahead of a more promising 2025 for the company that is 75.4% owned by Volkswagen.