Tigress Financial raised the firm’s price target on Carnival (CCL) to $40 from $38 and keeps a Buy rating on the shares. Carnival recently reported “record” Q3 results, notes the analyst, who adds that forward bookings and guest deposits at “record levels” give the company revenue visibility into 2026. The firm’s 12-month price target represents a potential return of close to 38% from current levels, the analyst added.
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