In a report released yesterday, Michael Raab from Kepler Capital downgraded Ferrari (RACE – Research Report) to Hold, with a price target of EUR190.00. The company's shares closed last Monday at $215.16. According to TipRanks.com, Raab is a 1-star analyst with an average return of -1.6% and a 53.3% success rate. Raab covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis. Currently, the analyst consensus on Ferrari is a Moderate Buy with an average price target of $237.65. See today’s analyst top recommended stocks >> The company has a one-year high of $233.66 and a one-year low of $176.29. Currently, Ferrari has an average volume of 240K. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Italy-based Ferrari NV designs, manufactures and sells luxury performance sports cars. The company offers sports, GT, and special series cars; limited edition hypercars; Fuori series, one-off, and track cars; and Icona cars. It also provides non-registered racing cars; and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars. It participates in car racing such as Formula One. Read More on RACE: Krystal Biotech (KRYS) Gets a Buy Rating from William Blair SecureWorks (SCWX) Gets a Hold Rating from Needham Berenberg Bank Believes Swiss Life Holding AG (SWSDF) Still Has Room to Grow A. O. Smith Increases Quarterly Dividend by 8% Morgan Stanley Thinks Prelude Therapeutics’ Stock is Going to Recover