Maersk still has some short-term positive catalysts, despite midterm supply concerns, Citi analyst Arthur Truslove writes. The Danish shipping company earlier this week upgraded its full-year EBIT guidance to $2 billion-$4 billion and Ebitda guidance to $8 billion-$10 billion. Citi raises its Ebitda estimate to $9.8 billion from $8.6 billion, mainly reflecting an increase to the bank's third quarter ocean unit EBIT estimate to $1.57 billion from $724 million versus consensus at $800 million. This is driven by modeling a quarter-on-quarter freight-rate increase of 12% versus 5% before. Following Citi's increased forecasts, the bank lifts its target price on the stockto 17,543 Danish kroner from 17,078 kroner and retains its neutral rating. Shares closed at 16,335 kroner. (dominic.chopping@wsj.com)