Barclays Maintains Underweight on ZIM Integrated Shipping, Lowers Price Target to $10.6
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 $13 to $10.6.
August 18, 2023 | 10:49 am
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on ZIM Integrated Shipping and lowered the price target from $13 to $10.6.
The lowered price target by Barclays indicates a bearish outlook for ZIM Integrated Shipping. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100