Goldman Sachs lowered the firm’s price target on Royal Caribbean (RCL) to $275 from $334 and keeps a Buy rating on the shares. The firm views 2026 is a transition year for Royal. The company’s Caribbean exposure and first half of the year headwinds will pressure net yield over the near term, and a “meaningful step function” in net yield growth is not coming until 2027 with Cococay Mexico, the analyst tells investors in a research note.
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