Susquehanna analyst Christopher Stathoulopoulos lowered the firm’s price target on Royal Caribbean (RCL) to $275 from $295 and keeps a Positive rating on the shares. The firm view the company’s FY25 EPS guidance and comments today as fair and balanced, with less than 15% of inventory risk for FY25 and a persistent value gap versus land-based vacations helping to support yield growth deeper into 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- Royal Caribbean price target raised to $263 from $249 at Barclays
- Royal Caribbean Reports Strong Q1 and Raises Guidance
- Royal Caribbean’s Strong Financial Performance and Positive Outlook Justify Buy Rating
- Royal Caribbean Cruises Reports Record Q1 Performance
- Royal Caribbean: Resilient Stock with Strong Booking Patterns and Long-Term Upside Potential