Previous Close | 53.00 |
Open | 53.00 |
Bid | 44.50 |
Ask | 47.60 |
Strike | 470.00 |
Expire Date | 2025-12-19 |
Day's Range | 53.00 - 53.00 |
Contract Range | N/A |
Volume | |
Open Interest | 11 |
JPMorgan upgraded Ferrarri (RACE) from Neutral to Overweight and massively upgraded its price target from $385 to $525 per share. Analysts cited such attributes as Ferrarri's unit volume growth, discipline, and innovation as drivers for the upgrade and price target boost. Market Domination hosts Julie Hyman and Josh Lipton examine JPMorgan's analyst note. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.
Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a “technical partner” of American racing team Haas. There will be Toyota branding on the Haas cars starting from next week's United States Grand Prix in Austin, Texas, and the auto giant's racing division will provide “design, technical and manufacturing services” to the North Carolina-based team. This doesn't mean a return of the Toyota works team which raced in F1 for eight seasons until 2009, however.
The former chairman of Ferrari is pursuing a €50m (£41m) legal claim against his former financial advisor after alleging he fell victim to a “substantial fraud”.