Reported 25 days ago
Bernstein analysts assert that Ferrari can withstand potential U.S. auto tariffs due to its affluent customer base, who are unlikely to be deterred by increased prices. Despite looming trade policies, the luxury car maker, which produces all vehicles in Italy, remains well-positioned to endure the economic impact, suggesting that sales will not be significantly harmed. However, the stock is down slightly, reflecting mixed sentiment among investors.
Source: YAHOO