Royal Caribbean price target raised to $290 from $250 at Loop Capital

Loop Capital raised the firm’s price target on Royal Caribbean (RCL) to $290 from $250 and keeps a Buy rating on the shares as part of a broader research note on Cruise names. The firm remains bullish on the sector despite the macro concerns as its recent conversations with industry experts and public and private company management teams point to continued robust demand, with a bounce back in bookings after some “Liberation Day” related choppiness, the analyst tells investors in a research note.