JP Morgan Maintains Overweight on ZIM Integrated Shipping, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samuel Bland has maintained an Overweight rating on ZIM Integrated Shipping (NYSE:ZIM) but lowered the price target from $15.4 to $14.
September 27, 2023 | 10:57 am
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JP Morgan has maintained an Overweight rating on ZIM Integrated Shipping but lowered the price target from $15.4 to $14.
The news is directly about ZIM Integrated Shipping. JP Morgan's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
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