Citi raised the firm’s price target on Royal Caribbean (RCL) to $399 from $390 and keeps a Buy rating on the shares following the Q2 beat. The firm attributes the post-earnings selloff to not raising second half of 2025 yield expectations. Citi continues to see 2026 growth opportunities for Royal.
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Read More on RCL:
- Royal Caribbean: Strong Historical Performance Meets Cautious Future Outlook
- Royal Caribbean Group Reports Strong Q2 Results
- Royal Caribbean Cruises Reports Strong Earnings Growth
- Positive Outlook and Strong Performance Drive Buy Rating for Royal Caribbean
- Royal Caribbean sees Q3 adjusted EPS $5.55-$5.65