BofA analyst Muneeba Kayani downgraded AP Moller Maersk (AMKBY) to Underperform from Neutral with a DKK 11,500 price target The firm cites the company’s “structural overcapacity issues” for the downgrade.
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Read More on AMKBY:
- 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
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