Oddo BHF maintains its 'outperform' rating on Ferrari shares, with an unchanged target price of 435 euros.

The analyst points out that Ferrari held a sell-side event in Marenello on Friday, to inaugurate its 'ebuilding', a new production site that will house the manufacture of new components dedicated to electrified vehicles, as well as the assembly of vehicles of all types (internal combustion, hybrids, BEVs).

This event, although rather limited in terms of figures (more details will be provided at next year's CMD), has reinforced our view that Ferrari remains very well positioned in the short, medium and long term", emphasizes Oddo BHF.

The Prancing Horse reports that its new e-building is primarily intended to provide flexibility, as it prepares to welcome a new type of engine (BEV) to its range.

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