Maersk Continues to Have Freight Rate Momentum, DNB Says in Upgrade

• (PLX AI) - Maersk enjoys persistent upward momentum in freight rates, analysts at DNB said, upgrading the stock to hold from sell.
• • Transportation markets remain strong, fueling the potential for next year, DNB said
• • Tomorrow's report, although partially pre-announced, may still contain potential adjustments to this year's guidance, DNB said, estimating a full-year EBITDA above the current Maersk guidance
• • Price target raised to DKK 19,400 from DKK 15,900