Analysts Offer Insights on Consumer Cyclical Companies: Ferrari (RACE) and Hovnanian Enterprises (HOV)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Ferrari (RACE – Research Report) and Hovnanian Enterprises (HOV – Research Report).
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Ferrari (RACE)
In a report issued on May 20, Thomas Besson from Kepler Capital maintained a Buy rating on Ferrari, with a price target of EUR470.00. The company’s shares closed last Wednesday at $496.12, close to its 52-week high of $509.13.
Besson has an average return of
According to TipRanks.com, Besson is ranked #8005 out of 9558 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $513.41 average price target, representing a 2.8% upside. In a report issued on May 6, RBC Capital also maintained a Buy rating on the stock with a EUR490.00 price target.
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Hovnanian Enterprises (HOV)
Wedbush analyst Jay McCanless reiterated a Hold rating on Hovnanian Enterprises yesterday and set a price target of $120.00. The company’s shares closed last Wednesday at $89.32.
According to TipRanks.com, McCanless is a 5-star analyst with an average return of
Hovnanian Enterprises has an analyst consensus of Hold, with a price target consensus of $120.00.
Read More on RACE:
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- Disney Stock (NYSE:DIS) Up, Thunderbolts* Takes In a Second Big Weekend
- Ferrari price target lowered to EUR 490 from EUR 500 at RBC Capital
- Ferrari’s Strong Performance and Brand Resilience Balanced by Tariff Risks and High Valuation: A Hold Recommendation
- Ferrari price target raised to $560 from $520 at UBS
- Ferrari Reports Strong Q1 2025 Financial Results
