Stifel analyst Steven Wieczynski raised the firm’s price target on Royal Caribbean (RCL) to $420 from $380 and keeps a Buy rating on the shares. The firm believes there is upside to the company’s current guidance range, but would also caution investors “not to expect significant upside as we’ve witnessed with previous RCL guides.”
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:
- Royal Caribbean price target raised to $380 from $360 at Bernstein
- Royal Caribbean price target lowered to $379 from $381 at Mizuho
- Royal Caribbean price target raised to $370 from $310 at Goldman Sachs
- Royal Caribbean price target raised to $368 from $357 at JPMorgan
- Royal Caribbean price target raised to $361 from $324 at Barclays