Carnival shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $11 to $16. Also, B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $11 to $20.
Portfolio Pulse from Benzinga Newsdesk
Carnival shares are trading higher following an upgrade by JP Morgan analysts.
June 12, 2023 | 11:53 am
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POSITIVE IMPACT
Carnival Corporation (CCL) shares are trading higher after JP Morgan analysts raised their rating of the stock.
JP Morgan analysts upgraded their rating of Carnival Corporation (CCL) stock, which has led to an increase in the share price. This news is directly related to CCL and is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Carnival plc (CUK) shares may also be affected by the JP Morgan analysts' upgrade of Carnival Corporation (CCL) stock.
Carnival plc (CUK) shares may also be affected by the JP Morgan analysts' upgrade of Carnival Corporation (CCL) stock, as both companies are part of the same group. The positive sentiment surrounding CCL could spill over to CUK, leading to a potential short-term increase in CUK's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80