Upgrades Hold Buy X

RACE Ferrari

HSBC Securities

$470

Initiated Buy X

RACE Ferrari

Berenberg

Upgrades Hold Buy X

RACE Ferrari

Deutsche Bank

Upgrades Eq Weight Overweight X

RACE Ferrari

Barclays

Upgrades Hold Buy X

RACE Ferrari

Kepler

Reiterated Overweight X

RACE Ferrari

JP Morgan

$525 $460

Initiated Hold X

RACE Ferrari

Deutsche Bank

Downgrades Overweight Eq Weight X

RACE Ferrari

Barclays

Upgrades Neutral Overweight X

RACE Ferrari

JP Morgan

$385 $525

Reiterated Overweight X

RACE Ferrari

Morgan Stanley

$400 $520

Resumed Hold X

RACE Ferrari

Jefferies

$408 $403

Downgrades Overweight Eq Weight X

RACE Ferrari

Barclays

Downgrades Neutral Sell X

RACE Ferrari

Citigroup

Downgrades Outperform Neutral X

RACE Ferrari

Exane BNP Paribas

Downgrades Buy Hold X

RACE Ferrari

HSBC Securities

Initiated Outperform X

RACE Ferrari

Evercore ISI

$375

Upgrades Eq Weight Overweight X

RACE Ferrari

Barclays

Initiated Equal Weight X

RACE Ferrari

Barclays

Upgrades Sell Neutral X

RACE Ferrari

Goldman

$182 $283

Upgrades Sell Neutral X

RACE Ferrari

Citigroup

$230.60

Upgrades Hold Buy X

RACE Ferrari

HSBC Securities

Upgrades Underperform Hold X

RACE Ferrari

Jefferies

Upgrades Neutral Outperform X

RACE Ferrari

Exane BNP Paribas

Upgrades Neutral Buy X

RACE Ferrari

Redburn

Upgrades Hold Buy X

RACE Ferrari

Societe Generale

$240 $290

Downgrades Buy Sell X

RACE Ferrari

Goldman

$207

Downgrades Buy Neutral X

RACE Ferrari

Redburn

Downgrades Buy Hold X

RACE Ferrari

Societe Generale

$269 $231

Downgrades Buy Hold X

RACE Ferrari

HSBC Securities

Downgrades Neutral Sell X

RACE Ferrari

Citigroup

Downgrades Buy Neutral X

RACE Ferrari

Citigroup

Upgrades Neutral Buy X

RACE Ferrari

Goldman

Upgrades Hold Buy X

RACE Ferrari

Societe Generale

Resumed Neutral X

RACE Ferrari

Goldman

Reiterated Outperform X

RACE Ferrari

Credit Suisse

$158 $185

Upgrades In-line Outperform X

RACE Ferrari

Evercore ISI

Upgrades Eq-Weight Overweight X

RACE Ferrari

Morgan Stanley

Downgrades Buy Hold X

RACE Ferrari

HSBC Securities

Upgrades Underperform Mkt Perform X

RACE Ferrari

Bernstein

Downgrades Buy Hold X

RACE Ferrari

Jefferies

Upgrades Sell Hold X

RACE Ferrari

Societe Generale

Reiterated Equal-Weight X

RACE Ferrari

Morgan Stanley

$120 $140

Upgrades Hold Buy X

RACE Ferrari

HSBC Securities

Upgrades Underweight Eq-Weight X

RACE Ferrari

Morgan Stanley

Initiated Outperform X

RACE Ferrari

Credit Suisse

RACE  Ferrari N.V.