Jefferies Maintains Hold on ZIM Integrated Shipping, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Omar Nokta has maintained a Hold rating on ZIM Integrated Shipping (NYSE:ZIM) and reduced the price target from $11 to $8.
November 16, 2023 | 9:40 am
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Jefferies analyst Omar Nokta maintained a Hold rating on ZIM Integrated Shipping and lowered the price target from $11 to $8.
The reduction in price target by a reputable analyst like Omar Nokta from Jefferies is likely to be viewed negatively by investors, potentially leading to a short-term decline in ZIM's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100