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Ferrari raises profit target as Q3 earnings beat analyst forecasts

Wednesday, November 9, 2016 - 05:50

Milan

FERRARI NV raised its 2016 profit target after third-quarter earnings beat analyst expectations on initial deliveries of the US$2.1 million LaFerrari Aperta.

The company raised its forecast for full-year adjusted earnings before interest, taxes, depreciation and amortisation

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