BUZZ — Hapag — Lloyd rises on FY profit forecast hike
* Shares in Hapag-Lloyd are up 2.6% after the German container shipping company raised its FY earnings outlook * Hapag-Lloyd said late on Monday it now expects FY EBITDA of between $3.9 billion and $4.4 billion, against the range of $2.7 billion to $3.7 billion previously targeted * "We see this further guidance upgrade as consistent with how rates have evolved in recent weeks and we had already flagged there likely would have been a further earnings upgrade post Q2," J.P. Morgan says * "We see the market broadly anticipating this news given how estimates have trended upwards on the freight rate resilience over the past several weeks," it adds * The stock is up 14.8% YTD including Tuesday's session ($1 = $1.0000) (Reporting by Ozan Ergenay) ((ozan.ergenay@thomsonreuters.com)