Ferrari’s (NYSE:RACE) 1st ‘Tailor Made’ Showroom Opens in US

Ferrari’s (NYSE:RACE) 1st ‘Tailor Made’ Showroom Opens in US

$RACE

Ferrari (NYSE:RACE) has opened it 1st Tailor Made showroom in the US in NYC, NY.

You can now customize your new Ferrari’s fabrics, leather, woods, finishes, and paintwork with a personal designer to help you make a tasteful, yet personal and fitting representation of the iconic Italian Supercar.

Ferrari Tailor Made’s new facility is located in New York City where clienti can also start with a base from 3 model collections.

The Scuderia Collection finds a home among Ferrari’s racing and performance models, the Classica delves into heritage models, and the Inedita line is a blank palette that allows you experimentation in making your new car.

Learn more about Ferrari Tailor Made online at Ferrari, or visit Tailor Made in person at 410 Park Avenue, New York City, NY.

Ferrari is the Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos.

HeffX-LTN overall technical outlook for RACE is Neutral to Bearish, overhead resistance is at 158.19, and support at 154.55 as Key indicators are Neutral with Bullish bias as the stock establishes long term support.

Ferrari finished at 155.26 -0.75 Monday in NY.

Note: Goldman Sachs upgraded Ferrari to ‘buy‘ from ‘neutral ‘calling the stock’s pullback a good “entry point.” “We upgrade Ferrari from Neutral to Buy, offering 15% upside to our new price targets of 182. Our thesis, outlined in Life of Luxury published last month, is fundamentally unchanged post Ferrari’s in-line 2-Q results. We view the stock’s recent pullback since late July 16 has provided good entry point in here.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term investment, and I see it at 200/share in that frame

Enjoy the F1 racing this weekend.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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