Nordea downgraded AP Moller Maersk (AMKBY) to Sell from Hold with a price target of DKK 13,230, down from DKK 13,982. The firm sees earnings risk from the supply increase of new vessels.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMKBY:
- AP Moller Maersk downgraded to Underperform from Neutral at BofA
- AP Moller Maersk downgraded to Sell from Neutral at Goldman Sachs
- AP Moller Maersk price target raised to DKK 12,100 from DKK 11,500 at Wolfe Research
- AP Moller Maersk price target lowered to DKK 8,600 at Morgan Stanley
- Here’s Why Zim Integrated Stock (ZIM) Is Rising Today