Investment bank Jefferies has increased its price target for Maersk to 13,500 Danish kroner (previously 12,500), citing stronger-than-expected earnings performance and upgraded forecasts. The bank maintains its "Hold" recommendation, pointing to a continued cautious outlook on the freight market, according to a recent analysis. Analysts note that the company's second-quarter results surpassed expectations, particularly in the Ocean segment. Lower costs and improved volume growth also contributed positively to the performance. Maersk has raised its full-year 2025 guidance, with its EBITDA forecast revised upward from a range of $6-9 billion to $8-9.5 billion. Following this development, Jefferies has also increased its own EBITDA forecast for Maersk from $7.9 billion to $8.9 billion. Jefferies highlights risks of declining freight rates if the situation in the Red Sea normalizes, as increased capacity could put downward pressure on prices.