JPMorgan upgraded Ferrarri (RACE) from Neutral to Overweight and massively upgraded its price target from $385 to $525 per share. Analysts cited such attributes as Ferrarri's unit volume growth, discipline, and innovation as drivers for the upgrade and price target boost.

Market Domination hosts Julie Hyman and Josh Lipton examine JPMorgan's analyst note.

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This post was written by Luke Carberry Mogan.