Jefferies Maintains Hold on ZIM Integrated Shipping, Lowers Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Omar Nokta maintains a Hold rating on ZIM Integrated Shipping (NYSE:ZIM) and lowers the price target from $16 to $13.
June 27, 2023 | 8:19 am
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Jefferies analyst Omar Nokta maintains a Hold rating on ZIM Integrated Shipping and lowers the price target from $16 to $13.
The lowered price target by Jefferies analyst Omar Nokta indicates a less optimistic outlook for ZIM Integrated Shipping. This may lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100