Barclays lowered the firm’s price target on Royal Caribbean (RCL) to $342 from $358 and keeps an Overweight rating on the shares following the Q3 report. The company’s 2026 earnings guidance is not concerning but near-term demand is taking a step down, the analyst tells investors in a research note. The firm likes Royal’s “less-stretched” valuation at current levels.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- Royal Caribbean Reports Strong Q3 Earnings and Raises Guidance
- Royal Caribbean: Strong Pricing Strategy and Positive Outlook Justify Buy Rating
- Midday Fly By: OpenAI signs new Microsoft deal, PayPal reports Q3 beat
- Royal Caribbean’s Strong Q3 Performance and Positive Outlook Justifies Buy Rating
- Cautious Outlook on Royal Caribbean: Hold Rating Amid Mixed Financial Signals