Jefferies Maintains Hold on ZIM Integrated Shipping, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta maintains a Hold rating on ZIM Integrated Shipping (NYSE:ZIM) and lowers the price target from $20 to $16.
May 23, 2023 | 11:54 am
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Jefferies analyst maintains Hold rating on ZIM Integrated Shipping and lowers price target from $20 to $16.
The lowered price target by Jefferies analyst Omar Nokta indicates a less optimistic outlook for ZIM Integrated Shipping. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the new price target.
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