Labeled Ferrari's yes - but Mister Ferrari always held the true Ferrari's were the 12 cylinder cars, while the 6 and 8 cylinder cars were the Dino's (named after his deceased son).It's basically a 308/328 GTB. Those were always Ferraris.
Lots of people rebadged their Dino as a Ferrari - but that's like converting a Bentley to a Rolls - it dishonors the history and just showcases their ignorance. Perhaps the mindset of that era that the marketing people latched onto.
A wonderful fact in the car market of today is that humdrum cars could beat the pants off of the exotics of the 70's - 80's.
I'd take a 308GT4/Merak/Jarama any day of the week, I just wouldn't expect to beat a Maxima (or the like) off the line - to say nothing of economy or reliability. But then sexy don't always come easy!