Ferrari NV is trading 4.3% up at $370.19 in pre-market action, driven by a global risk-on tone following a breakthrough in U.S.–Iran peace negotiations.

  • The move marks a rebound from the previous session's close of $354.91 as U.S. equity futures climb and major indices trend higher.
  • Morgan Stanley upgraded Ferrari (RACE) to Overweight from Equal Weight and raised its price target to €380 from €330 on June 15, 2026, providing a company-specific catalyst for the stock's positive movement.