Morgan Stanley raised the firm’s price target on Carnival plc (CUK) to 2,200 GBp from 1,750 GBp and keeps an Equal Weight rating on the shares. Cruise stocks have been stronger than the firm expected, being the best performing travel sector the analyst covers in 2024 and this has continued into 2025, Morgan Stanley noted. The firm has raised forecasts and price targets among the group, partly on better fuel and foreign exchange assumptions, the analyst noted.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUK:
- Carnival Corporation Achieves Record Second-Quarter Results
- Carnival Corporation’s Earnings Call: Record Revenues Amid Challenges
- Carnival plc rises 7.5%
- Options Volatility and Implied Earnings Moves Today, June 24, 2025
- Options Volatility and Implied Earnings Moves This Week, June 23 – June 27, 2025