JP Morgan Upgrades Carnival to Overweight, Raises Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Matthew Boss upgrades Carnival (NYSE:CCL) from Neutral to Overweight and raises the price target from $11 to $16.
June 12, 2023 | 9:05 am
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Carnival's stock rating has been upgraded by JP Morgan analyst Matthew Boss from Neutral to Overweight, with a raised price target of $16.
The upgrade from JP Morgan analyst Matthew Boss directly impacts Carnival's stock rating, changing it from Neutral to Overweight. This indicates a more positive outlook on the company's stock performance. Additionally, the raised price target from $11 to $16 suggests a higher potential upside for investors, which could lead to increased demand and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100