Analyst Views Carnival's Stock Reaction And Long-Term Guide Introduction As Positive Steps For Future Growth
Portfolio Pulse from Shivani Kumaresan
Carnival Corp (CCL) reported upbeat Q2 FY23 results, with 2023 EBITDA raised to $4.1-4.25 billion and long-term targets ahead of expectations. CCL also announced its SEA Change Program, setting performance targets through 2026. Analysts from BofA Securities, Truist Securities, and Susquehanna provided their views on the results and set new price targets. CCL shares traded higher by 8.2% at $15.80.
June 27, 2023 | 7:11 pm
News sentiment analysis
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NEUTRAL IMPACT
Royal Caribbean Cruises Ltd was mentioned in relation to Carnival Corp's announcement of its long-term guide, which was introduced approximately eight months ago.
Royal Caribbean Cruises Ltd was only passively mentioned in the news, in relation to Carnival Corp's announcement of its long-term guide. Therefore, the news is unlikely to have a significant impact on RCL's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20
POSITIVE IMPACT
Carnival Corp reported positive Q2 FY23 results, with raised 2023 EBITDA and long-term targets. The company's shares traded higher by 8.2%.
Carnival Corp's positive Q2 FY23 results and raised 2023 EBITDA and long-term targets are likely to have a positive impact on its stock price in the short term. The company's shares already traded higher by 8.2% after the announcement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100