BARCLAYS SAYS FERRARI LUCE SELL-OFF OVERDONE Ferrari shares fell after criticism of its first EV, the Luce, but Barclays says the sell-off…
BARCLAYS SAYS FERRARI LUCE SELL-OFF OVERDONE
Ferrari shares fell after criticism of its first EV, the Luce, but Barclays says the sell-off is excessive.
The bank notes the model will represent only a small portion of sales and is one of 20 launches planned through 2030.
Barclays says the design reflects a strategic innovation bet, not a fundamental risk to Ferrari’s outlook, and keeps its Overweight rating and EUR355 target.
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