0858 GMT - Ferrari is seeing a continued improvement in sentiment and, most notably, continued strength in personalization spend, Berenberg analysts write. After checks with dealers, spending on personalization is tracking above targets, though buyers are more selective in their option choices so as not to over-spec models, the bank says. Order intake for the Luce electric vehicle and the Amalfi remain low, with the latter falling behind order-intake targets, Berenberg says. Still, Amalfi order momentum has improved as customers have begun to test drive the car. "On balance, Q3 checks leave us confident in our buy rating." The bank has a 384-euro price target. Shares rise 1.8% to 363.35 euros.
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