Carnival price target raised to $42 from $39 at JPMorgan

JPMorgan raised the firm’s price target on Carnival (CCL) to $42 from $39 and keeps an Overweight rating on the shares after the company reported Q3 adjusted EPS above the Street consensus and guided Q4 adjusted EPS above the Street view as well. On the full-year, this translates to having raised FY25 EPS to about $2.14, above prior guidance of about $1.97 and the Street at $1.94, the analyst noted.