Maersk has upgraded its guidance as better freight rates act as a tailwind in the near term, Deutsche Bank analyst Harishankar Ramamoorthy writes. The company said the new guidance is driven mainly by a "sustained increase" in spot freight rates, with underlying Ebitda now expected to be between $8 billion and $10 billion, from $4.5 billion-$7 billion previously. Underlying EBIT is seen at $2 billion-$4 billion, from between a loss of $1.5 billion and $1 billion in profit previously, while volume growth is now expected to be 4% for the global container market versus 2%-4% earlier. The bank raises its target price for the stock to 14,030 Danish kroner from 12,970 kroner and keeps its rating at hold. Shares fall 1.6% to 15,290 kroner. (dominic.chopping@wsj.com)