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Analysts Are Bullish on Top Consumer Cyclical Stocks: Ferrari (RACE), Ball (BALL)
The Global auto industry is anxious: changes in rare earth supply may lead to production interruptions!
①China has implemented export controls on rare earth minerals in response to the USA's unreasonable tariff policy; ②The seven restricted rare earth elements are crucial for military and Autos applications, raising concerns in the Global market; ③Industry insiders warn that the inventory of auto groups and their suppliers can last three to six months, and if the supply continues to face shortages, then the Global Autos supply chain will encounter serious troubles.
RBC Capital Maintains Ferrari(RACE.US) With Buy Rating, Raises Target Price to $568.62
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Ferrari (RACE) Receives a Buy From RBC Capital
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