Glonghui July 5 | Ferrari (RACE.US) US stocks rose more than 1% in the premarket to $427.49. According to the news, Ferrari announced two new warranty extension benefits, which allow owners of their hybrid models to replace vehicle batteries at specified times. As part of its extended hybrid warranty benefits, Ferrari will replace high-voltage battery packs (HVB) for vehicles that reach 8 and 16 years of service life. The company also said that these two rights will also be transferred as owners change to “maintain the performance and excellence of Ferrari hybrids” over the long term. Furthermore, UBS analyst Patrick Hummel maintained his buying rating for Ferrari, and the target price was raised from $449.24 to $512.41.
美股异动丨法拉利盘前涨超1% 推出电池更换计划+瑞银上调目标价
US stocks fluctuation: Ferrari rose more than 1% before the market opens, announcing a battery replacement plan and UBS Group raised the target price.
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