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Why Ferrari Stock Was Racing Higher Today


Shares of Ferrari (NYSE: RACE) were surging today after the luxury carmaker posted a strong fourth-quarter earnings report, with sales up an impressive 14%.

As a result, the stock had gained 7.7% as of noon ET.

Image source: Ferrari.

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Source Fool.com

Ferrari NV Stock

€315.00
0.700%
The Ferrari NV stock is trending slightly upwards today, with an increase of €2.20 (0.700%) compared to yesterday's price.
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 464 € there is a positive potential of 47.3% for Ferrari NV compared to the current price of 315.0 €.
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