Barclays analyst Brandt Montour lowered the firm’s price target on Carnival (CCL) to $26 from $32 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the cruise lines. The firm expects “strong” Q1 results and booked position to buffer guidance along with fuel and currency. The real risk is to 2026 numbers, the analyst tells investors in a research note.
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