ZIM get the upgrade from JP Morgan

ZIM Integrated Shipping Services (NYSE:ZIM) $ZIM Integrated Shipping Services Ltd.(ZIM)$stock rose over 6% on Friday, on track to post its third session of gains this week. JP Morgan upgraded the cargo shipping firm to Neutral from Underweight.

The brokerage also hiked its price target to $53.30 from $43.60, implying potential upside of 9.2% to its last close. But analyst Samuel Bland warned that the logistics sector is facing "asymmetric valuation risk".

Wall Street analysts on average rated ZIM Buy (3 rate ZIM Strong Buy, 3 Hold, 1 Sell), with an average PT of $79.76. ZIM declined ~12% YTD but gained ~16% in the last 1 year.

# What stocks are the best to buy in June?

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  • Maria_yy
    ·2022-06-20
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  • TKY1978
    ·2022-06-19
    Just buy, this is a good stock
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    ·2022-06-19
    Zimmering hot
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    ·2022-06-19
    thanks for sharing
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  • Wangal
    ·2022-06-19
    👍
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    ·2022-06-19
    ok
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    ·2022-06-19
    K
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    ·2022-06-19
    ok
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    ·2022-06-19
    good
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    ·2022-06-19
    Great.
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    ·2022-06-19
    ok
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    ·2022-06-19
    [smile]
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    ·2022-06-19
    Ok
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    ·2022-06-19
    Ok
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    ·2022-06-19
    Hpo
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    ·2022-06-19
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    ·2022-06-19
    Ok
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  • AE2
    ·2022-06-19
    😄💪
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