Barclays Maintains Underweight on ZIM Integrated Shipping, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Alexia Dogani maintains an Underweight rating on ZIM Integrated Shipping (NYSE:ZIM) and lowers the price target from $15 to $13.
May 23, 2023 | 9:35 am
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Barclays analyst Alexia Dogani maintains an Underweight rating on ZIM Integrated Shipping and lowers the price target from $15 to $13.
The lowered price target from Barclays indicates a bearish outlook on ZIM Integrated Shipping. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100