Barclays raised its price target for the Italian company to €350 from €300 (€1 = $1.0728). Last week, Ferrari (BIT: RACE ) posted better-than-expected core profit as the firm was boosted by solid pricing and customer spending on personalized additions. Chief Executive Benedetto Vigna also said that the company's order book reflects "strong demand across all geographies" and stretches into 2025. Ferrari, meanwhile, projected that it will post adjusted earnings before interest, tax, depreciation and amortization of at least €2.25B this year, up from its previously improved outlook of between €2.19B-€2.22B.