UBS initiates coverage on Ferretti and Sanlorenzo with dual “buy” ratings
PositiveFinancial Markets
UBS has started coverage on luxury yacht manufacturers Ferretti and Sanlorenzo, giving both companies a 'buy' rating. This is significant as it highlights the growing confidence in the luxury yacht market, suggesting that investors see potential for strong returns in this sector. With the increasing demand for high-end leisure products, these ratings could attract more investment and boost the companies' market positions.
— Curated by the World Pulse Now AI Editorial System