Truist Securities Maintains Hold on Royal Caribbean Gr, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Patrick Scholes maintains a Hold rating on Royal Caribbean Gr (NYSE:RCL) and raises the price target from $72 to $85.

May 30, 2023 | 11:24 am
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NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Royal Caribbean Gr (NYSE:RCL) and raises the price target from $72 to $85.
The news of Truist Securities maintaining a Hold rating on Royal Caribbean Gr and raising the price target from $72 to $85 indicates a neutral short-term impact on the stock price. The Hold rating suggests that the analyst believes the stock is fairly valued at its current price, while the increased price target implies a potential upside in the future. However, the short-term impact is expected to be neutral as the Hold rating does not signal a strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100