Barclays analyst Brandt Montour raised the firm’s price target on Royal Caribbean (RCL) to $361 from $324 and keeps an Overweight rating on the shares following the Q4 report. Royal plans to grow in the Caribbean through the period of peak supply pressure, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCL:
- Midday Fly By: Microsoft, Meta diverge after earnings
- Royal Caribbean rises 15.6%
- Early notable gainers among liquid option names on January 29th
- Royal Caribbean: Strong Earnings Outlook and Demand Momentum Justify Buy Rating Despite Near-Term Yield Softness
- Morning Movers: Meta Platforms and Tesla rise after Q4 results
