Barclays analyst Marco Limite raised the firm’s price target on ZIM Integrated (ZIM) to $14.80 from $14.20 and keeps an Underweight rating on the shares as part of a Q2 preview for the European logistics group. Shipping rates were diluted by a booking delay for a “weak” February and March into Q2, but had a strong June into Q3, the analyst tells investors in a research note.
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