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flag Hanson & Doremus bought Ferrari shares, despite the company missing Q3 earnings estimates.

flag Hanson & Doremus Investment Management recently bought shares of Ferrari, joining other firms that have increased their stakes. flag Despite missing analyst estimates, Ferrari reported Q3 earnings of $2.08 EPS and $1.64 billion in revenue. flag Analysts have given the company a "Moderate Buy" rating with a target price of $507.14. flag Ferrari designs and sells luxury sports cars and has a market cap of $105.38 billion.

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