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Ferrari’s (NYSE:RACE) Annual Meeting of Shareholders Agenda

$RACE

Ferrari NV (NYSE/MTA: RACE) announced Wednesday that it published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (“AGM”), which will take place on 16 April 2020 in Amsterdam.

Ferrari’s AGM notice and explanatory notes and other AGM materials are available under the section Investors on Ferrari’s corporate website at http://corporate.ferrari.com, where they can be viewed and downloaded. Shareholders may request a hard copy of these materials, which include Ferrari’s audited financial statements, free of charge, through the contact below.

1 The 2019 Annual Report and the annual report on Form 20-F are available on the Company’s corporate website (http://corporate.ferrari.com) at http://corporate.ferrari.com/en/investors/results/reports and at http://corporate.ferrari.com/en/investors/regulatory-filings-and-press-releases/sec-filings. The AGM notice, explanatory notes and other AGM materials are available on the corporate website at http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/shareholders-meetings.

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Source: Ferrari NV

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 Bullish, there is resistance 164.19 and Key support is at 159.80. As a bottom was put in last Friday at 152.51. My Key indicators are turning Very Bullish as the stock is very oversold in here.

Ferrari finished at 160.38, +3.65 after hrs Wednesday in NY.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have called it at it at 200+/share long term, adjusting it to 200/share short term and siding with BAML to 230 long term for now

Stay tuned…

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