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News 2026-09-21 08:48 UTC

Fearnley Securities upgrades Maersk to 'buy', lifts target price

Fearnley Securities upgraded Maersk to "buy" from "hold" and raised its price target to DKK 26,000 from DKK 15,500, lifting estimates as the market is expected to remain higher for longer. The brokerage also raised Maersk's 2026 EBITDA estimate to $13.2 billion, citing firm freight rates and forward contracts. The 2027