Barclays upgraded AP Moller Maersk (AMKBY) to Equal Weight from Underweight with a price target of DKK 16,600, up from DKK 11,000. The firm thinks a Red Sea reopening is unlikely in the short term. It raised EBITDA estimates for AP Moller and upgraded the shares.
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Read More on AMKBY:
- AP Moller Maersk price target raised to DKK 15,350 at Citi
- AP Moller Maersk price target lowered to DKK 8,500 at Morgan Stanley
- AP Moller Maersk downgraded to Sell from Neutral at Clarksons
- AP Moller Maersk Earnings Call: Strength Amid Turmoil
- AP Moller Maersk upgraded to Hold from Reduce at Kepler Cheuvreux