Jefferies expert Omar Nokta devalued AP Moller Maersk ( AMKBY) to Hold from Buy with a cost target of DKK 11,500, below DKK 15,000. The company states that while Maersk stays its popular name in the delivery field, it sees the shares staying range-bound “due to the uncertainty ahead.” The Israel-Hamas ceasefire recommends risk-free flow with the Red Sea is on the perspective, “though plenty of uncertainty remains on Houthi intentions,” the expert informs financiers in a research study note.
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