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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Read More on CCL:
- Carnival price target lowered to $25 from $30 at Citi
- Carnival’s Resilience and Value Potential: A Buy Recommendation Amid Economic Uncertainty
- Carnival upgraded to Equal Weight from Underweight at Morgan Stanley
- Carnival announces order for two ships for AIDA Cruises
- Carnival call volume above normal and directionally bullish
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