B of A Securities Upgrades Carnival to Buy, Raises Price Target to $20
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Nicholas Thomas upgraded Carnival (NYSE:CCL) from Neutral to Buy and raised the price target from $11 to $20.
June 12, 2023 | 12:19 pm
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Carnival's stock rating has been upgraded from Neutral to Buy by B of A Securities, with a raised price target of $20.
The upgrade from Neutral to Buy and the increase in price target from $11 to $20 by B of A Securities analyst Nicholas Thomas indicates a positive outlook for Carnival's stock. This is likely to have a short-term positive impact on the stock price as investors may see this as a signal to buy.
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IMPORTANCE 80
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