What did RBC, Bernstein and Jefferies change for Ferrari on Feb 11, 2026?

All three firms maintained their ratings on Ferrari N.V. (RACE) on **February 11, 2026**. RBC kept **Outperform** and raised its target to **EUR 430**, Bernstein kept **Outperform** and raised to **$410**, and Jefferies kept **Hold** and raised to **EUR 310**

How should investors read a maintained rating with a higher price target?

A maintained rating with a higher price target means analysts tweaked valuation inputs but kept conviction steady. It often signals confidence in earnings trends without a call to re-rate the stock aggressively under the current outlook

Does the RACE analyst rating change mean the stock will move significantly?

Not necessarily. On Feb 11, 2026 the market reaction was muted with small intraday moves. Maintained ratings with higher targets typically cause measured sentiment shifts, not large price jumps unless guidance or macro catalysts follow

Analyst Ratings

RBC Capital maintains Outperform on RACE Ferrari N.V., PT to EUR 430 Feb 11 2026

ByHuzaifa Zahoor February 12, 2026February 12, 2026

RBC Capital maintained its Outperform rating on Ferrari N.V. (RACE) on February 11, 2026, while raising the price target to EUR 430. The move was one of three same-day analyst actions that left ratings intact but lifted targets, and it shaped the day’s RACE analyst rating headlines. Bernstein also kept Outperform and lifted its target to $410, and Jefferies kept Hold while raising its target to EUR 310. We summarize what these maintained ratings and higher targets mean for investors and stock momentum