Jefferies Is Pounding the Table on ZIM Integrated Shipping (ZIM) Stock
ZIM Integrated Shipping Services .(ZIM) InvestorPlace·2024-01-29 22:35
The crisis in the Red Sea is boosting shipping stocks, especially ZIM Integrated Shipping (NYSE:ZIM) stock, which Jefferies is upgrading to a “buy.” The brokerage set a one-year price target of 14.80 per share, a market capitalization of almost 6.1 billion. The stock was up about 10% over the weekend. Making Money From War ZIM was expecting a 2023 loss of $2.1 billion as falling pri ...