Citi analyst James Hardiman lowered the firm’s price target on Royal Caribbean (RCL) to $336 from $399 and keeps a Buy rating on the shares. The company reported a Q3 beat on costs but its outlook for Q4 missed estimates on hurricanes, the analyst tells investors in a research note.
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Read More on RCL:
- Mixed Financial Outlook and External Pressures Lead to Hold Rating for Royal Caribbean
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