DHL and Maersk shares downgraded to Neutral at Bank of America By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2024
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Should l Buy ?
Source: Investing.com
BofA Downgrades DHL and Maersk: BofA Securities has downgraded DHL Group and A.P. Moller-Maersk to "neutral" from "buy," citing concerns over a challenging macroeconomic environment, subdued demand, and potential oversupply in the ocean freight market.
Broader Sector Implications: The downgrades reflect broader issues in the transportation sector, including tariff uncertainties and evolving trade dynamics, while analysts continue to favor stocks like DSV and InPost for their resilience and growth potential.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
